Hummingbird Resources Share Discussion Threads

[qs99] 07/9/2017 16:16

Indeed....

[charles clore] 07/9/2017 16:09

Come on HUM. That little flag on the chart is your cue for 45p

[qs99] 07/9/2017 16:06

indeed agree, would be nice between now and then if GP could smash $1400

[darola] 07/9/2017 14:32

When you are talking about a company re-rating then technical analysis is mute IMHO.

Somewhere between now and first pour this will surge.

Tick tock...

[qs99] 07/9/2017 14:09

fair enough, I agree needs the next news flow to justify a bigger move up

[zhockey] 07/9/2017 14:05

It's way above the 200sma so some consolidation is not a bad thing

[qs99] 07/9/2017 14:04

HUM not reflecting the increased GP yet IMO ...up strongly again today nearly 1% at mo

[qs99] 07/9/2017 13:46

haha indeed, but Gp motoring again nearing $1350

[darola] 07/9/2017 13:45

Don't think you used enough longs!

[qs99] 07/9/2017 13:28

Darola that would be pretty good wouldn't it! £3 would certainly pay my mortgage and more off....but as you say, 10 X current price is hope value at present time and would put them over a billion £, so they would have to be doing north of £125m EBITDA IMO with resources further increased, few M&A deals etc....not impossible, but a long, long way to go...DYOR

[darola] 07/9/2017 13:26

I so want that to be true! It would take my holding over £1m!

But I think realistically we would be brought out before that level were reached.

[fsawatcher] 07/9/2017 13:20

i've heard mine life on this one going to be 13 years and not 7. that game changer.

worth 300p on 13 year plan with ave pog at 1350oz

[ukgeorge] 07/9/2017 12:24

yes the 29/8 one sorry I only just noticed it

[zeberdie] 07/9/2017 12:01

The one off the 29/8 or a new new one ?

[ukgeorge] 07/9/2017 11:28

There is a new digger picture :)

Everyone loves diggers on twitter

[darola] 06/9/2017 15:42

I only need £1 a share and the wife said I can have a new Range Rover, so not being too greedy....

Tick tock....

[spooky] 06/9/2017 15:26

Absolutely no chance of a gold miner with HUMs prospective production being valued anywhere near £975m, what planet are you living on? I am long the shares, you must be very long:-o)

[tens machine] 06/9/2017 14:45

then we have gonka to be quickly integrated into mine plan (which is currently outside the mine PFS) which has a NPV of $166m at £1250 gold with a 8% discounted rate

[lauders] 06/9/2017 14:09

Thank you tens machine and chip! Not sure I get the godzilla part (bit slow it seems!) but appreciate chips balanced view. I only have one miner as I think you know and that is HOC. Hence looking for a range of stocks in the sector LOL. Two will do ;-)

[plasybryn] 06/9/2017 14:07

It is interesting that in the HUM presentation slide they show themselves as being very undervalued. The next share up they identify is Ariana Resources (AAU) a gold producer & explorer in Turkey. Ariana has started production & will release its full figures (costs & income) in early October. The interesting feature about AAU though is they own 100% the assets to the north of Mariana's Hot Maden 4m oz asset which recently sold to Sandstorm. Ariana has a ridiculous Mkt Cap of c. £15m, but for how long?
Sorry to go off track but Ariana was on the Hummingbird slide!
I'm assuming you can live with my potential valuation of £2/£3 for Hummingbird.

[tens machine] 06/9/2017 14:00

lauders godzilla only targets high risk miners ;-)

chip i am aware of the basket cases you speak of ....

[lauders] 06/9/2017 13:55

chip - Isn't mining in Africa "high risk". Interested because I am tempted to join here but have some reservations about the "risk" factor HUM faces in their operations.

[tens machine] 06/9/2017 13:52

also PFS was done at US$1,100 gold price and 8% discount rate applied