Hummingbird Resources Share Discussion Threads

[divmad] 13/12/2017 07:22

According to a poster o the lse bb: "AGG announced overnight that they have terminated discussions with HUM and are looking at "legal rights and remedies against HUM stemming from termination of the binding LOI". I assume an announcement will come out from HUM today on this - disappointing that this hasn't come to fruition, and feels like it was unfortunately announced prematurely (LOI is a bit weak), which should be a learning experience for HUM. Surprised if AGG's legal analysis gives them any recourse: it was a LOI, you can call it binding all you like..." Is this correct?

[divmad] 12/12/2017 14:39

What's happened to AGG and us?

[croasdalelfc] 12/12/2017 13:44

7 days to the 19th

[westmoreland lad] 12/12/2017 12:02

Could easily be pressing the green button this week.

[mikkydhu] 12/12/2017 11:45

Thank you for that, rileyma. Interesting caption: "Looking good." I see a very nice double meaning there. There shouldn't be any disappointment.

[rileyma] 12/12/2017 11:25

Last night at the plant https://twitter.com/bertmonro/status/940535040722776064?s=08

[charles clore] 11/12/2017 10:23

The crims have suppressed precious metals into a timid, frightened market. But all manipulations are overcome by the real market at some stage. The producers that will survive are those that have the lowest costs and they will do very well as other producers fail to compete and supply dries up. That is one of the reasons I chose HUM.

[ukgeorge] 11/12/2017 10:04

Gold production is at the highest it has ever been. There is on overhang on the market. More supply than demand. Refining is just part of the supply chain. There is probably about 7,000t of refining capacity globally and about 3,200t of global production per annum. Refineries just make a small margin a dollar or so per ounce refined. Where is all this physical demand??? US gold coins are the lowest in years. India and China have been lackluster.....

[wskill] 11/12/2017 09:34

Yes plenty of paper gold being produced but a lack of physical gold for the refiners to meet demand. Not much good using paper gold I am afraid.

[ukgeorge] 11/12/2017 09:17

Even with punctuation it will not make much sense. There is plenty of gold being produced.

[rhuvaal2] 10/12/2017 18:13

wskill: pardon me, but you need some punctuation there for it to make sense :)

[wskill] 10/12/2017 12:29

This may be soon with coin Base limited the bit coins you can sell it does not help the gold price when refiners cannot buy enough physical gold to meet demand.

[cockneytrader] 07/12/2017 11:42

Gold should rally when bitcoin busts, which could be anytime soon. Sounds as if Goldman and JPM are buying gold on the cheap. First gold pour soon.

[zeberdie] 07/12/2017 10:24

Mildly irritated I am.

[rileyma] 07/12/2017 09:48

37.95 are buys not sells

[charles clore] 06/12/2017 14:06

Cro - in a word? Probably

[croasdalelfc] 06/12/2017 13:53

Isn't this a classic bull pennant in an uptrend? There is long term resistance at 38 but once broken a possible breakout to 55p

[rileyma] 06/12/2017 09:50

This share price/trading pattern Totally defies logic 😑

[charles clore] 06/12/2017 09:45

Cro - only a truly quality outfit could plan first gold pour down to the day!

[croasdalelfc] 06/12/2017 06:29

The 19th Dec was talked about as a date for first pour. With a RNS expected re: fully commissioned plant , then it's a probable two RNS in next 13 days

[rhuvaal2] 05/12/2017 15:33

charles clore et al ~ we must all remember that gold stocks (at this moment in time) are completely un-loved. Hence a good time to buy, but my trolley right now is prob' overloaded with goldies. Many positive posters here just can't nudge this higher until the time is right

[wassapper] 05/12/2017 14:50

Those with a very long memory will remember that Oxus Gold had a Christmas deadline for first pour. They met it - photos and all - but the "ingot" was about one inch thick!! Bill Trew hid that from the camera - you only saw it face on. Production is all that counts in the end, but meeting that first pour is important for short term sentiment.

[rileyma] 05/12/2017 13:02

One working mill 👍

[rileyma] 05/12/2017 13:01

https://twitter.com/hum_gold/status/938027730007941121

[bishan bedi] 05/12/2017 12:55

It is a target that can only be missed. If it is early nobody will care, late and a hoo ha ensues. George is right, it's about the rates thereafter