Hummingbird Resources Share Discussion Threads

[dan_the_epic] 19/5/2020 10:34

Copied from the AAZ board. Confirmation that we are cheap esecially for a producer moving to net cash soon

[dan_the_epic] 19/5/2020 09:11

No chance of high 30s in a week. This will grind upwards rather than spike. Flush out some stale money who were looking for a 30p exit and get in new money who recognise the value on offer. Picture a staircase as that is what I expect

Volume target for today, it would be nice to see 2m shares traded.

[ronwilkes123] 19/5/2020 09:05

Old adage aim pis can't hold water imho coming to pass here

[ronwilkes123] 19/5/2020 08:59

Too many short term traders imo for that

[ukgeorge] 19/5/2020 08:45

Roll on high 30's within a week or two.

[aim999] 19/5/2020 08:44

Nice start to the week.... +30p now

[dan_the_epic] 19/5/2020 08:42

No hard feelings at all from me. We all hope this company will do well and deliver for shareholders and the circumstances seem right this year for this to go on a proper run up.

[techandy] 19/5/2020 08:40

It was an opinion, I was wrong.

[dan_the_epic] 19/5/2020 08:39

techandy - 15 May 2020 - 17:20:23 - 1688 of 1707
Hummingbird Resources (moderated) - HUM
You lot crack me up. You have been hanging on about 30p, £1 party for 3 years. Never gonna happen!

Morning Andy

[aim999] 19/5/2020 08:22

We should hear from them soon....Dan should do a share buy back as we should be very close to net debt free and with the POG as it is we are printing money (even have the low price of oil as a bonus)...

[dan_the_epic] 18/5/2020 23:31

The market will wake up and smell the coffee. Berenberg $90m EBITDA forecast for this year alone. That is nearly £75m. Net cash + bullion within months

[glennborthwick] 18/5/2020 18:56

I have absolutely no idea what half of that means. I have been investing for 35 years so I guess the language has moved on a bit.

[borderterrier1] 18/5/2020 17:41

glenborthwick You are in the wrong game? No, wrong I'm afraid, I've been in this game a long time. And I am prepared to lose money in the market, that's the name of the game. But I didn't make the Cups here to influence the SP, the "management" did. And every time this share price makes a tiny move N the "love fest" begins. But you forget one small point:- it never lasts. I wonder why?

[glennborthwick] 18/5/2020 16:42

Borderterrier. looking at the 5 year chart the price was only higher for about 18 months out of that so there is a 66% chance people are at break even or in profit. If you arent prepared to lose money buying shares , especially shares in mining companies in foreign climes then youre in the wrong game mate. Go stick it in the nationwide and pick up your 0.5% a year

[dan_the_epic] 18/5/2020 16:33

A good day. 5.6m preliminary volume, finished above 29p comfortably. Thats exactly what I wanted to see.

Tomorrow I'd like to see 29p hold and volumes above 2m

[borderterrier1] 18/5/2020 16:10

glennborthwick Good for you, I'm really pleased for you. But try telling that to all the shareholders that bought higher than 14.55p when this was a hole in the ground.

[seagreen] 18/5/2020 16:07

right now I would throw anty spare capacity at prodtion and build up cash there will be destressed undervalued assets being proven up at more advanced stages in the future that will need JV partners prepared to share the final costs ....maybe too cautious for some but our FD is not lacking in his abilities as he has brought the bird to the runway some how ready for take off why ruin it

[temujiin] 18/5/2020 15:58

Nice tight spread, 29.51 - 29.65

[dan_the_epic] 18/5/2020 15:46

5.5m volume. Can we get to 6m today?

I was saying 2m this morning!!

[glennborthwick] 18/5/2020 15:38

Border terrier, this was your post a year ago; the price was 14.55.
I'm now sitting on a 100% gain. You have no credence here.


9 May '19 - 19:59 - 6559 of 8556

This has had a bad smell for sometime now. Poor decisions, poor management, poor communication, inexperienced Ceo. Please correct me if I'm wrong with that last part? What do you expect? Wake up, shareholders. DB needs to go and the sooner the better.

[borderterrier1] 18/5/2020 15:34

Temujiin The "shed loads of free cash" is completely immaterial with this. For us,the long time investors, what matters is the SP, correct? Unfortunately, this does not behave as it should and never has.

[qs99] 18/5/2020 15:30

Gold price off its highs as US equities more bullish as lock down eases. Personally not sure that it can last and China tensions will continue IMO....DYOR, but not sure gold will be that weak....kiss of death no doubt....haha !

[temujiin] 18/5/2020 15:26

Oh well, I could't get 29p so had to settle for 20,000 at 29.68. Not gonna worry too much over a penny here or there when this company throwing off shed loads of free cash.