Hummingbird Resources Share Discussion Threads

[borderterrier1] 25/6/2022 00:22

1knocker Routinely, when this hits rock bottom in the UK, here in the US, the share price responds in an irrational way. I have seen this now several times over the years and I believe as you say it is some sort of manipulation to suck the unsuspecting investors in. I have no idea how it is orchestrated but it never lasts long and I suspect this will unfortunately continue with the downward spiral that we have all become accustomed to.

[borderterrier1] 24/6/2022 23:02

Hummingbird went up 43% here in the US today. Go figure.

[borderterrier1] 24/6/2022 14:55

CreditCrunchies The idiots here won't listen, Lord knows I've tried.

[creditcrunchies] 24/6/2022 10:24

The chart says it all a list price of 168p in 2010 it has performed just like a classic decay curve to 10p in 2022. The half life price of this decay is 50p. The board of this company are out of the box failures. Every projection misses. In a 12 year period they've never beat expectations. A mess in every way.

[borderterrier1] 23/6/2022 14:33

Plat Hunter "Invest in corporate growth, operational growth and asset growth." Here? You are extracting the urine, right? ROFLMAO.

[cinoib] 23/6/2022 12:13

CreditCrunchies, about time someone woke up. Next stop 1p share shop.

[plat hunter] 23/6/2022 10:45

Cheers george... I'll do amazing here I think.All banter aside george, here's my advice. When it comes to deep value, don't be too concerned with the daily mechanisms of a share price... Invest instead in corporate governance, operational growth and asset growth. The rest will follow eventually, it always does ;-P

[ukgeorge] 23/6/2022 10:31

Prat Hunter, good luck with your investment here. ;)

[borderterrier1] 22/6/2022 19:17

TBTT As I have often said, I am permanent resident here is the US but I still have contacts in the UK, some in the Nottingham area where I believe one of the key operative here went to University? Sometimes, throughout the ages, social embarrassments of the aristocracy and wealthy are "tucked away somewhere" to reduce collateral damage......often at the expense of others. IMO (and that of many others), DB has made it abundantly clear that he isn't up to the job in hand and should be replaced. And as you say, "There's more to this." Yes, there most certainly is......but at last the light seems to be coming on for some of the long term investors. I hope the AGM bears fruit and there is a investigation. IMO, there should be.

[tigerbythetail] 22/6/2022 17:29

It has to be said that BT has been consistently right on this share over the last few years. Basically, the winning investment strategy here has been, assume the worst, add on an extra topping of incompetence and a side order of management arrogance, and that's what you're going to get. I don't understand exactly what is wrong at Hummingbird. But IMO it would be naive to take management's explanations for the underperformance at Yanfolila at face value. There's more to this.

[borderterrier1] 22/6/2022 17:21

CreditCrunchies Of course they should, long ago. But unfortunately, there are still lots of idiots out there that think this has potential with the completely inexperienced, couldn't give a $hit about the share holders Ceo. Daddy got him into his position there and I sincerely hope there is a full investigation here. My "contacts" tell me that there will be now and it is at long last underway. Good. As I have repeatedly said, I know more about this than most, everything I have said has been correct.....but I am still the village idiot to some.

[creditcrunchies] 22/6/2022 16:29

They should really all be banging on Dan's door saying WTF have you done to kill this business?

[ukgeorge] 22/6/2022 16:24

I've only noticed the new all time low. Very thankful that I saw the light and sold out of these many moons ago. Looks like the share price is about to collapse. Good luck, hopefully for once they can pull a rabbit out the hat and have managed to have a good quarter.

[borderterrier1] 22/6/2022 14:59

Lowtrawler Not long to go now with the speculative single figures? And remember several years ago I did say that there was some suspicion that serial ramper BushyTailed (AKA BushyBetts) on the LSE bb was related in some way here? Looks like he is the only one still singing praises for this co. now? And if HUM has been sold, ( like he says it has in his latest rambling post on there) something doesn't exactly smell right..............does it? BTW, do you know the definition of skulduggery? Please look it up.

[plat hunter] 22/6/2022 14:38

Anyone else noticed the divergence on the weekly?

[sleveen] 22/6/2022 13:02

Great webinar, thanks PH. LLB post 8460 agree.

[laurence llewelyn binliner] 22/6/2022 11:58

#PH, comment around why the recovery was low at an 83% rate was very notable, as it was 1 corner of a pit with difficult mineralisation and just 40,000 ounces @ 73% that would get left to the end of the project, removing that results in 85/86% and cost savings along the way could see 88% which is more in line with standard, adding USD100M to the NPV.., but a DFS should be conservative not overly optimistic, banks do not lend against optimism.. HUM could take it forward in 5/6 years time, but no chance in 2023, it is much more likely IMO to see ESAN pick up the baton now with HUM/VEIN retaining a smaller equity stake and/or a royalty over Dugbe instead and let someone else build it.. #Lowtrawler, yes, that is 1 possibility even more so now down at 11 pence, we will have to see who pops up on the register at over 3% stakebuilding..

[lowtrawler] 22/6/2022 11:51

Monetisation of Dugbe could take many forms but I would have thought anyone considering an acquisition would also be casting their eyes over HUM as a whole.

[plat hunter] 22/6/2022 11:43

Yup I've since changed my opinion on HUM part funding dugbe... As you say until Kor and yanfolila are derisked by Kor going into production, hum can't take it forward and the speed of progression at Dugbe put's it beyond HUM's economical ability. VEIN want it sold, HUM want it sold and there's half a dozen suitors in conversation with ESAN's ceo on the bod.

[laurence llewelyn binliner] 22/6/2022 11:08

#PH, good find, I was waiting to see when that would drop in.. :o) The strategic review is very much looking at who/what/how Dugbe is taken forward, IS comments around ESAN/HUM identical to some of our own thoughts, so it is now a matter of filing the 43-101, doing the review, engaging with players and see where it takes us next, but HUM are not in a position to take it on themselves while Kouroussa is yet to deliver cashflows..

[temujiin] 22/6/2022 09:56

Well there is atm no evidence to suggest that the company have or have not managed to turn around their mining operations at Yani in Q2, but looking at the SP, expectations from the market suggest they haven't improved. If, and it still is an if, HUM haven't improved, then that would be 2 years of disappointing quarterly updates.

[plat hunter] 22/6/2022 09:52

Pasofino webcast with Q&A from IS yesterday...Https://www.youtube.com/watch?v=H8HCPaRA-2wLots of "the sky is falling fears" spouted on here, contradicted comfortably by Stalker. DYOR peeps, there's plenty of corkers to take away.

[plat hunter] 22/6/2022 09:46

WTI now down 15%