Hummingbird Resources Share Discussion Threads

[charles clore] 11/8/2017 10:33

Cost ratios will be stunning at $1300

[qs99] 11/8/2017 09:57

Im in Shanta as can't believe Tanzania will do a Mugabe. But it is Africa so who knows! HUM continuing nice rise... 40p next hurdle... gold price approaching $1,300 should help HUM financials materially IMO DYOR

[bookwormrobert] 11/8/2017 07:21

I've looked closely at Shanta, both a couple of years ago and recently. I was never convinced by either the old management (the CEO has just quit recently) or the Tanzanian resource. Of course, now the share price has tanked due to fellow gold miner Acacia's troubles with Tanzania's corrupt, thieving bulldozer of a President (troubles which probably end in forced nationalisation without compensation). Right now I've got no idea if gold mining has any future in Tanzania at all, and what Shanta's shares might be worth. It's one for gamblers only.

[darola] 11/8/2017 07:15

Interesting story that, built up prior to first pour then tanked before the news... one to be mindful of indeed.

Going to do a bit more reading to see if there are possible similarities.

au24, do you know if there was a 'specific' reason? Not spotted anything yet.

[au24] 10/8/2017 21:14

Was going to buy in here at 20p but my Shanta experience put me off.
Hindsight and all that.

[darola] 10/8/2017 18:59

Drop back on buy volume today after a few days of consecutive increase. Could do with s bit of consolidation before it pushes back up.

[rileyma] 10/8/2017 16:48

1250000 reported after hrs
Still legs in this rally imo,,,

[rileyma] 10/8/2017 09:13

Good skills could coincide well with kefi finally
Starting to construct after years of haa missed targets

[charles clore] 10/8/2017 09:04

Have a stack of these from 13p and that purchase is showing good paper profits. There is renewed interest in the run-up to production and I will be adding more on any weakness. I hold for a pound by xmas!

[napoleon 14th] 09/8/2017 18:20

zeberdie - agree with your SOU analogy.
SOU are a few months away from doing much the same in both east & west Morrocco.
Yes I've got a stack of SOU & am (for now only) underwater on them.

HUM are starting the same pattern as in last Dec/Jan when share price yomped up 50%...
Rinse & repeat, I hope.

[qs99] 09/8/2017 16:38

Happy days. Well done all those in from 20s. Will look for top ups as production happens and we get better sight on cash flows and profits!

[zeberdie] 09/8/2017 16:26

Bitt, it is what it is. The plant has been constructed and it's now turning into a gold producing reality by an experienced team with a good pedigree and a lot of hard work. BRING ON THE POUR.

[ukgeorge] 09/8/2017 16:24

hxxp://www.miningglobal.com/magazine/miningglobal-august-2017

A nice read

[bittorrent] 09/8/2017 16:19

Yes it all sounds too good to be true, I just hope it isn't.

[zeberdie] 09/8/2017 16:17

Lol, I was in for lots last week @ 27.5ish. I've got anyone who will listen investing now. Il probably be able to retire on the kickbacks.
This is how I see it.
Imagine if SOU Sound Energ had a fair bit proven and decided to keep the asset. Now imagine they were only 3KMs away from finishing the pipeline across the desert and turning the taps on and earning real money.... WELL THAT WHAT HUMMINGBIRD ARE !
How absolutely fantastic is that , to be involved with something real and not just sales patter and wet dreams ?
IM IN LOVEEEEEE

[westmoreland lad] 09/8/2017 15:44

That your 1MM Zeberdie ?


15:37:48 33.5000 716
15:36:53 33.5000 3,028
15:33:52 33.3500 15,000
15:25:38 33.5000 1,000,000
15:24:19 33.3500 7,855

[zeberdie] 09/8/2017 09:58

Wobble, ? It was a cheap ploy by desperate market makers. Never worked though.
How long till till we reach 65p ? 😄😄😄😄

[rileyma] 09/8/2017 09:44

Slight wobble,
At some point theres gonna be a fair raft of punters profit taking,its wether youll be able to buy back in with a reasonable stake to cash in on 2/3p ?

[rileyma] 09/8/2017 09:03

👍👍👍

[qs99] 09/8/2017 09:02

Best of luck with the investing filterwest: the city can be v well paid but uncompromising!

NMD reporting tomorrow could be interesting from what I have read on that post and IMO.... may be a better to travel than arrive story let's see...

Am hoping for £1+ here on HUM over time and gold price nearer $1,300 will IMO see the profit / cash metrics really motor here

DYOR AND GLA

[charles clore] 09/8/2017 08:59

A well-run company, great potential and all boxes ticked. Still under the radar to some extent and definitely undervalued. Currently undergoing the long awaited pre-production re-rating.

[davr0s] 09/8/2017 08:30

Good volume - all buys it seems. Someone's accumulating and no one wants to let go so it could travel some distance

[filterwest] 09/8/2017 08:26

This is my story. I was made redundant early this year in the city, and mine is even harder to find a senior role because of brexit. I bought this around 20p ages ago. I hope this fly like a baby.

[jimbowen30] 09/8/2017 08:24

Another nice move up. Doesn't matter too much to me as i won't be selling for a few years!