Hummingbird Resources Share Discussion Threads

[charles clore] 18/7/2017 09:08

35p would seem a reasonable price to start the next phase.

[ukgeorge] 18/7/2017 08:42

Come on HUM, breakout!!!

[darola] 18/7/2017 07:14

All still on track. Hopefully start to tick up from here.

[darola] 14/7/2017 13:09

Pressure cooker this one, be interesting to see when the interest kicks it to life. The more they report they are on track and the closer we get to 17/12 must at some point have a reaction.

And the news that announces the success of the first pour! Boom! That's why we are all here.

[ukgeorge] 14/7/2017 11:24

Could you copy and paste the article please? I can't get it to work. Thanks

[rtyson197] 14/7/2017 10:47

Hummingbird tipped on Trendwatch: hxxp://trendwatcham.com/hummingbird-resources-buy/

[ukgeorge] 13/7/2017 13:02

Just topped up :)

fingers crossed we get to commercial production without any major issues.

[divmad] 09/7/2017 08:42

zhockey,

If you don't like Hum, just disappear, there's a good chap. Nobody here is interested in your PVR story.

[rileyma] 06/7/2017 17:26

Worth keeping an eye on the glenwick thread GWIK

[zhockey] 06/7/2017 14:42

Ha that is the single biggest misconception going re. Oil.

I wasn't ramping PVR but the subject of "other shares" came up, seeing as PVR have such an important event coming up I thought I'd mention it.

The EPS was from my broker, take it up with them if you don't agree.

[bookwormrobert] 06/7/2017 14:34

zhockey - really, you're just ramping another share here whilst talking complete garbage about Hummingbird. Some facts for you: free cash flow of 20p per share in first year of HUM operation (assuming gold at $1250), small drop off in production second year, mine life currently 8 years, but it will almost certainly be extended out to 12-18 years with further exploration (see company website and document exploration.pdf for details).
I've no idea about PVR, but it sounds like an all or nothing AIM sucker's share to me. And, anyway, all oil shares are best avoided, IMO. The age of fossil fuels is ending very rapidly.

[rileyma] 06/7/2017 13:46

Where'd u get 4p from?

[zhockey] 06/7/2017 13:31

Charles, success is priced in here already. 1st year of production should be their best and brokers have an eps of 4p for 2018. It's a small reserve and once the grade drops off I don't think you'll get the multibag folks are expecting. 30% perhaps over next 3 years if gold holds up.

[zhockey] 06/7/2017 13:28

Gersemi, PVR are undervalued by at least half based on discover oil. Exploration upside is not priced in so it isn't binary. Also if the drill is a success it will 5-10bag before you can buy a share.

[charles clore] 06/7/2017 11:59

Stick with this and you won't be disappointed imho

[gersemi] 06/7/2017 11:48

zhockey

Yes, but the binary nature of PVR's drilling campaign leaves you open to a massive loss of capital fella should they fail to find nowt. My advice, buy PVR after the drilling result. Yes, you miss out on good gains but rather that than lose a significantly greater amount should the result prove a dud...always, always protect against the downside cos once that capital is lost it is lost forever

[zhockey] 06/7/2017 11:41

PVR is the place to be over the next few weeks, they are drilling the biggest oil well anywhere this year, and only valued at £110M.

[killary cunton] 06/7/2017 07:15

You may want to have a look at GPM if you want a basket of gold stock. Trading at a substantial discount to nav at the moment. Not for everyone though as some like to pick their own 'basket'

[rhuvaal2] 05/7/2017 20:54

Darola ~ just about the best 'staid' gold stock. I am also into OMI, CGH, EUA, AAU and HOC. Like the idea of having a basket of PM stocks: some will rocket ahead (in time) and others may wither a bit. Good luck to everyone.

[darola] 05/7/2017 18:21

Hope so. Need it to make up for the red everywhere else! 😳

[ukgeorge] 05/7/2017 16:59

Two noteworthy buys 318k and 300k both @ 27.25
followed by three sales totalling 380k @ 27



the chart starting to look pretty promising imo a little higher and it should break higher.

roll on production

[gilotron] 04/7/2017 13:21

Yep not a massive margin for error if you factor in less than 100k oz mined in the first year / delays.

[ukgeorge] 04/7/2017 10:57

The bank are charging 9% interest rate, they are hardly a charity.

The most important thing is commercial production, until that is declared this could still go belly up. Take a look at what happened with Aureus mining (now Avesoro Resourcces).

This is why the share price is not re rating. IMO