Hummingbird Resources Share Discussion Threads

[dozyduck] 08/6/2020 21:45

BorderT re FSJ - 'Naive' might be a more appropriate description

[borderterrier1] 08/6/2020 21:22

New_buyer I won't argue with you any more re. this. When anyone invests in a company if they are wise to do their due diligence and research. That's what I did here, so did many others. In four years, this share price has not progressed as we were led to believe. The way I see it I only have two choices.
1. Sell and lose money or
2. Compile signatures/screenshots/information from other disgruntled PI's and file a complaint with the FCA.
I don't like losing money and at this stage option 2. would be my choice.

I will post any updates on here.

BTW David Crichton-Watt is IMO a very welcome addition here. Canny Scot and perhaps just the catalyst this needs. (Borderterrier?) Let's all hope he makes a difference.

[borderterrier1] 08/6/2020 20:38

Bittorrent Exactly. And for those of you who haven't already done so, the 71 page report by Fsj really does make interesting reading. Go to post 2976 and click on the link. Page after page devoted to expensive stockpiling of ore, dam construction and making sure there was minimal impact from the rainy season. What happened?

[kennyp52] 08/6/2020 20:37

Dan-the-Epic .. I might join you . The share price is likely to remain static now for a good period of time until the placing is taken up then , in all honesty , there is a 50/50 chance it will go into reverse . Should be a positive thing for the future but I also wanted to see some consolidation and lowering of risk ... not jumping straight back into the fire and the directors extending the time before they start rewarding shareholders with some returns whilst securing their own tenure . If I am understanding the expansion correctly .... Dugbe is too difficult for the directors to develop but Kouroussa is not . ARX are paying $2m upfront and taking on the development costs but this is not enough deposit together with the cash being generated so there has to be a dilution of current shareholders interests to meet the INITIAL consideration for Kouroussa of £10m ( not dollars ) . So was it sensible to give away 49% of Dugbe and pay nearly 6.5 times as much for something that will take 2 years to mature ? But of course I may be wrong .

[bittorrent] 08/6/2020 20:24

It sounds a good deal on the face of it, my only concern is Dan will continue looking for "bargains" out there and end up with Bunker Hill Mk II, too many balls in the air.

[temujiin] 08/6/2020 19:54

Sorry to see you go Dan, but good luck where ever your cash lands.

As for HUM, I like the latest deal. It's been acquired for $10m in shares, plus 2% limited royalty and at most £6million if they find a shed load more gold, which they probably will.

This is just a duplicate of what HUM have just done, quite close but different jurisdiction, and mine financed by debt, not equity. I need to re-balance my holdings soon once some hopefully positive news arrives and I'll happily take another 40k here if price stays low.

[dan_the_epic] 08/6/2020 19:20

I bid thee farewell. I actually think the acquisition makes a lot of sense but it's not why I invested in HUM because I was after a cash flow story over the next 12 months. GLA

[new_buyer] 08/6/2020 19:10

Still waiting for you to prove you are not a huge deramper and liar and that I am as you say a blatant ramper.

Have fun fisting with your friend!!

[borderterrier1] 08/6/2020 19:07

NB Please read the above. I will post the reply I get from Hum admin. when I get it. Meanwhile, I'm going fishing, unfortunately with one of my fishing buddies that lost well over $50,000 here. But luckily, he knows it wasn't my fault and in any case, he has plenty. But I guess it must be somebody's fault. Who would YOU blame NB?

[new_buyer] 08/6/2020 19:01

Still waiting.....

[borderterrier1] 08/6/2020 18:58

New_Buyer Please read Playboy007's post a few minutes ago on the LSE bb, ACCURATE quote:-

"Damn, if dodgy Dan was ousted, I'd be putting a lot more in."

Dodgy Dan? Oh shock horror. You don't mean.....No, surely not!! Nobody could possibly suspect anything dodgy about the suave, well educated, experienced, hard working, dedicated Ceo here with "the shareholders interests at heart".......Could they?

Oh dear NB. Open mouth, insert foot time again for you is it?

[borderterrier1] 08/6/2020 18:49

DozyDuck Incompetent I agree. But reading through the complete report would leave you in no doubt why it was written. And of course he did out of the pure kindness, bless his heart. He wasn't rewarded financially in any way.


NB on the subject of writing. Please look up the difference between patronizing and condescending. I can't understand why some on here consider that this is still a "fabulous screaming buy" as many proclaimed after Fsj's complex report in 2018. If it was, don't you think the share price would have moved by now? Just IMO, you understand.

[new_buyer] 08/6/2020 18:32

Lurker5 and whilst I rarely agree with your opinion at least it’s backed up with reasoning which can be discussed, disputed and debated!

[dozyduck] 08/6/2020 18:22

Look at post 2758 Feb 2018. by yours truly (different moniker - forgot the password so new one) Castigated at the time by a few 'experts' on here. FSJ's subsequent ramps weren't 'fraudulent' - just incompetent - like the brokers before him

[new_buyer] 08/6/2020 18:04

Still waiting Borderterrier, come on prove that you are not avoiding the question. You are a blatant liar who says I’m a blatant ramper, come on back up what you say and prove me wrong. I’ll wait.

[borderterrier1] 08/6/2020 17:07

new_buyer You obviously don't like the investors here that speak the truth. Ronwilkes123 is one that speaks a lot of sense especially when he told you:- "lots of bloated ideas but never any real tangible cash profit" But then he filtered you didn't he? Post 8604. The share price here is all that matters to me and IMO it's not going anywhere, anytime soon. Who would you blame that on?

And the latest news item from Hum and the comments from Dan Betts are as impressive as all the others he has made since mine completion in 2017. Quote from the web. site:- "Our aim is to create shareholder value." Really? When? 2025? Will this new development benefit long term investors? Or will many of us feel like we do now, complete suckers. The share price track record here speaks volumes and unfortunately, only time will tell. Who was it that said "you can fool some of the people some of the time, but you can't fool all the people all of the time?"

[new_buyer] 08/6/2020 16:43

So you are denying you have lied on this board and still can find no proof of my "blatant ramping"? Not interested in anyone else's posts, this is my showing you have lied and you proving that I blatantly ramp this share. I will wait.

[borderterrier1] 08/6/2020 16:38

NB So, when UK George posts a link to the Dallas Cowboys cheerleaders suggesting a comparison that suggests nothing to you? We can argue back and forth all day and other investors can tell us once again what a great deal this is like they have convincingly done multiple times over the last few years. The final proof is the share price That is worse than abysmal because the market doesn't believe any of it now.

[new_buyer] 08/6/2020 16:28

OK, so no accepting you have lied, no proof of my "blatant ramping" as usual when shown proof of your lying and asked for proof of my ramping you have nothing to say, same as every other time. Too easy, you show yourself for what you are every time you come on this board.

[borderterrier1] 08/6/2020 16:23

new_buyer Considering Fsj's posts on the same page, that's rich. Rather than continue this conversation, lets wait to find out what the response is from Hum admin. to my screenshots from others.

[seagreen] 08/6/2020 16:10

Back of the net me old china

[new_buyer] 08/6/2020 16:08

In return please let me know in which of my posts I have blatantly ramped HUM. I will wait.

[new_buyer] 08/6/2020 16:00

You deliberately misquote/lie to suit your agenda and post 6474 is a perfect example. I included the full quote in 6475 to clarify your lie.

[roguetreader] 08/6/2020 15:59

Have to admit I am bemused by some of the reactions to the recent ARX and Kouroussa announcements. Dan Betts has repeatedly stated that he sees Hummingbird being a multi asset company and that he and the BOD were / are looking for M&A opportunities to move the company in that direction. They have now started to deliver on this strategy; whilst you may be able (or not) to put a case forwards on the merits of the individual deals made. However, if you are not happy with the strategy then you are in the wrong share.

[borderterrier1] 08/6/2020 15:48

new_buyer There you go again. Illegal activity? Now, where did I say that? Please show me. If you read my post again I said that I have "forwarded actual screenshot comments from other disgruntled shareholders" to Hum, nothing more. Their comments, NB, not mine. If you doubt that then please contact them:- [e-mail] And as the "obvious deramper" are my comments on here any worse than the 71 page ramp-up report by Fsj? Once again, you accuse me of lying, please show me specifically where? Pick up a pen and paper? That's exactly what they are doing, right now.