Hummingbird Resources Share Discussion Threads

[jedi k] 16/3/2024 09:48

Kouroussa achieved first gold pour on 8 June, 2023 and is expected to produce an average of 120,000 to 140,000 ounces of gold for the first three years of commercial production, and average 100,000 oz per annum over the current life of mine. Hoping we have now started Commercial Production.

[laurence llewelyn binliner] 16/3/2024 07:44

#Jedi K, with a USD1,000 an ounce margin, our debt load will not be around for very long… :o)

USD200M EBITDA, the timing could not be much better to be scaling up and we are on 2,175 POG already before US rates and the DXY come back..

[jedi k] 16/3/2024 07:18

GOLDMAN SACHS:Increases Its Average Gold Price Forecast For 2024 From $2,090/toz To $2,180/toz, Targeting Move To $2,300/toz ByYear-end

[dickbush] 14/3/2024 15:14

Bloomberg Opinion

Gold’s Record-Setting Pace Is Exuberantly Rational

The economic backdrop is increasingly favorable for the yellow metal to achieve fresh highs.

By Marcus Ashworth, Columnist

[bignads] 14/3/2024 12:00

Won't have to wait until then. Think it will be next week and buyers will enter in anticipation.

[plat hunter] 14/3/2024 11:21

Upper wedge resistance, however the current trend converges on or around the 23rd April... Coincidentally at around the same time the Q1 can be expected.

Sideways trade until Q1 update I reckon

[bignads] 13/3/2024 16:49

Ready now for the next leg higher.

[plasybryn] 13/3/2024 08:23

Someone on X saying HUM has a triple bottom and looking bullish."I was redrawing some of my charts & HUM caught my eye. Why does the chart look bullish? Is something going on? Sorry I don't know any fundamentals ".

[laurence llewelyn binliner] 12/3/2024 17:24

Traders taking a penny here and there, hardly worth the time, but depends on the scale and leverage of course, that makes a difference..!

Another day closer to commercial production, if we are not in it already.. :o) then the Q1 update we need to see to evidence it all..

[dickbush] 12/3/2024 14:55

US CPI.

Headline 0.4% m/m, as expected. Core 0.4% m/m versus 0.3% expected.

6 month and y/y the same:

Headline 6 mo annualised 3.2%

Core: 6 mo annualised 3.8%

NOT good news BUT

The shelter index increased 5.7 percent over the last year, accounting for roughly two thirds of the total 12-month increase in the all items less food and energy index. Other indexes with notable increases over the last year include motor vehicle insurance (+20.6 percent).

[borderterrier1] 12/3/2024 14:52

papillon Gold is dropping like a rock. How is your $3000+ probability theory "likely gold price" going today? Do you still stand by that and over what time-frame?

[burt777] 12/3/2024 14:01

The actual buys and sells are pretty balanced today it’s just they were trying to push it up and there was not enough buyers. But the actual reality is it’s not liquid. Small amount of buying or selling sends this either way.

All gold miners have risen sharply the the pull back is healthy

Like the other poster says I am happy to buy more in the new tax year at this price. I don’t expect it to fall much from here and I fully expect that this could shoot upwards before I get chance to buy more

[plat hunter] 12/3/2024 12:52

Hourly RSI at 45 support or fail at 40

[bignads] 12/3/2024 12:37

Think it was just a bit of profit taking following a pretty good run up. Wouldnt grumble if it came back down a bit as a chance to buy some more!

[backmarker] 12/3/2024 12:29

So what spooked the sellers? Does somebody know something? Has a carrier pigeon brought news of problems at K ?

[plat hunter] 12/3/2024 12:22

Need to find a bid this afternoon or near term support is back at 9.20

[gilotron] 11/3/2024 23:42

Oops I saw it in a previous post golden prospect

[gilotron] 11/3/2024 23:39

Sorry what is gpm?

[borderterrier1] 11/3/2024 23:30

Papillon Of course you're not wasting time, what you say makes perfect sense. But then, so did all the other convincing hype, calculations and well documented predictions about this that the company, Brokers and others put out about this 6-7 years ago. Look what happened. Lots of punters were taken in.....including Plat. THAT'S what pi$$es me off.

[papillon] 11/3/2024 22:44

My charts and chart indicators are all factual, borderterrier1. They're historical records only. I use them to determine whether a share, or commodity, is currently bearish, or bullish. I can't predict the future (however you think you can), but the trend is often your friend!
I'm also on the lookout for potentially bearish and bullish chart patterns. Again I can't predict their formation; I wait until they form (if they do form) because you can't predict chart patterns before they form. If they do form I know the potential target share price is not guaranteed, but the history of these patterns shows that the odds favour the likely target share price being achieved.
For instance on the Gold price chart a potentially Bullish Cup & Handle pattern could be seen forming on the 13 year chart and around a week ago it finally formed. That gives a likely price target of $3000+. That target price is not guaranteed, but it's likely. It's all about probability theory, but I'm probably wasting my time with you!

PS I'm wary of investing in individual junior Gold & Silver miners, such as HUM; that's why I've plumped for GPM.

[borderterrier1] 11/3/2024 22:42

Northern4 Of course. Bet you wish you had listened.....................................?

[northern4] 11/3/2024 22:33

"and I'm certainly not going to wade through it again on here for your benefit."

Isn't this what you have been doing nonstop?