Hummingbird Resources Share Discussion Threads

[rileyma] 09/11/2017 08:19

Good right up Gp thanks 👍👍👍

[qs99] 09/11/2017 07:19

Interesting bit for me in that report, thanks for posting; "The major concerns at first look include the limited life of the mine (eight years) and the low average annual production. However, there are currently over one million ounces of gold outside the mine plan as proven upside and then there is the Kobada deal. The latter could add around 50,000 ounces to Yanfolila's annual output in a few years, meaning that average production can reach over 150,000 ounces." so 1mn reserves upside (another 8+years?), proof that it can deliver on time and budget and Kobada upside as well...roll on £1 as management also use its experience and EV to find other such projects...GLA and DYOR

[gold panda] 09/11/2017 05:27

Here it is Hummingbird Resources On Schedule And On Budget For First Gold Pour In Less Than 2 Months https://seekingalpha.com/article/4122589-hummingbird-resources-schedule-budget-first-gold-pour-less-2-months

[rileyma] 08/11/2017 14:35

Seeking alpha i think,,,,

[gold panda] 08/11/2017 14:05

I just submitted an article on Hummingbird at SA. Will post the link once it's published

[charles clore] 08/11/2017 13:50

rileyma - this is a good solid quality company that doesn't keep the bulletin boards buzzing with RNSs every week hence, for the less patient, interest wanes quickly. But for fundamental investors this is a dream stock.

[westmoreland lad] 08/11/2017 11:57

Charles -- I'm with you and stand by my April wager. An RNS along those lines will smash the share price straight through the 40p glass ceiling imv.. westmoreland lad - 11 Apr 2017 - 09:29:10 - 1141 of 2067 Hummingbird Resources - wilco -- 1st gold pour is targeted for 19th December. See interview with Dan Betts on Stocktube via HUM website. I would wager they will beat the above date and on budget. Quality team @ HUM !

[rileyma] 08/11/2017 10:13

I hope ur right The lack of interest is baffling 😕

[charles clore] 08/11/2017 10:09

I am betting they will announce they are literally days away from production

[someuwin] 08/11/2017 09:38

HummingbirdResources‏ @HUM_gold · 7 minutes ago We'll be presenting at the @proactive_uk One2One Forum in London next week, on Thurs 16 Nov. Follow the link for more info on the event. #BuildingYanfolila #HUM #Gold #Mining

[bittorrent] 07/11/2017 19:43

Thanks Ricky, a reasoned and balanced assessment.

[rickyhatton] 07/11/2017 19:02

hTtp://www.nextminingboom.com/new-aim-junior-discover-west-africas-next-major-gold-mine/

[divmad] 07/11/2017 18:43

First SR selling down, now Pageant Holdings. WTF is going on? Do they know a new gold mine is about to start production?

[charles clore] 06/11/2017 17:23

40p might be a tough nut to crack right now but I am sure it will happen very soon. I can't see a miner producing up to 150k oz gold p.a. with a very low aisc and mc at 1.8 - 2x projected earnings staying under £150m valuation for very long. It all hinges around the success of the first 3 months production imho. If everything goes to plan we could be looking at a doubling of the share price by early next year. HUM will be presenting to Proactive on 16th and I think the market reaction will be very positive as I think this one is still below the radar of most mining investors but probably not for much longer. DYOR and see what you think.

[rileyma] 06/11/2017 12:09

Nice mention on the sharehub today (Week 44 tally) Www.thesharehub.com

[rileyma] 06/11/2017 07:36

https://www.ft.com/content/56dfda6e-bfe6-11e7-b8a3-38a6e068f464 Shares in Xtract, the Aim tiddler focused on Mozambique, are a tenth of what they were five years ago. So, too, is the equity value of Kefi Minerals, which is prospecting in Ethiopia.  Contrast that with Hummingbird Resources. Its shares are up from about 23p a year ago to 39p, having raised $70m to construct an open-pit mine in Mali. Unusually the project was on time and within budget and will shortly start processing ore. On average projects are 20 per cent over budget and late by a quarter, hums Bert Munro, the group’s development head. But Hummingbird is the exception. It found a largish deposit of high-grade ore in good concentration that is relatively cheap to extract. Its all-in costs are $700 an ounce.

[capt bligh] 03/11/2017 12:37

New pic on twitter

[charles clore] 03/11/2017 11:56

Before the end of Q4 according to the company.

[ny boy] 03/11/2017 11:44

Roughly how long before production guys? Tks

[darola] 03/11/2017 08:16

Added another 26k this morning. Couldn't resist this close to first pour and still below 40.

[charles clore] 02/11/2017 23:57

Darola - every buyer has a seller but the first bidder determines the price

[darola] 02/11/2017 20:32

Afternoon seller - every buy has s seller. So those 100k+ buys all had a seller at the other end... and no doubt they'll be back again tomorrow

[rhuvaal2] 02/11/2017 19:40

"value will out"

[charles clore] 02/11/2017 16:18

That afternoon seller again, GRRRR.....