Hummingbird Resources Share Discussion Threads

[borderterrier1] 09/4/2024 18:34

I'm very lucky. I have some clients that are sharp as razors in the investing game and they sometimes throw me a bone. HYSR is a recent one. FSLR was another, it went from $6 to $260 in a year.

[plat hunter] 09/4/2024 18:27

I'll keep an eye out for it BT but probably won't do anymore that that. Only because my golden rule is not to touch anything I know nothing about.

Kind of keeps me in my mining lane, I occasionally play ETF's for a diverse punt on a trending sector but that's about it.

[borderterrier1] 09/4/2024 18:20

Plat I also like to play the game. But sometimes, the referee doesn't blow the whistle on some of the other teams players like he should do.

Not a goldie, but take a look at a co. called HYSR. They own patents on some good tech. for renewable hydrogen production. Just started to slowly move N. DYOR.

[plat hunter] 09/4/2024 17:11

I wouldn't put it past HUM to report 20k ounces out of Kor for Q1 with commercial production being achieved as a foot note in the "post reporting period"

[plat hunter] 09/4/2024 16:57

Agree border... "sneaky and clandestine" but that's the game here and I enjoy the game.

This has been an absolutely cracking game, just need to have the balls now to hold past the wall to make it all worth while.

[borderterrier1] 09/4/2024 14:54

LLB. Please take look at the share price today. As always happens with this, the "news" you seek is already out there..... for the select few.

[laurence llewelyn binliner] 09/4/2024 14:30

100% of Kouroussa production is un-hedged, we just need to get on with it..

with POG 2,350 just broken, our 1,000 an ounce margin is already there if we can scale production into it...

News please HUM..?

[borderterrier1] 09/4/2024 13:55

Plat Not sure that you interpretation of the BOD being "very cute here" is the correct definition, "sneaky and clandestine" would in my opinion be more apt. But at least this "seems" to be moving in the right direction now.

[jedi k] 09/4/2024 12:27

Bank of America (BofA) expects gold prices to average $2,500 an ounce by the fourth quarter of this year as demand from central banks and Chinese retail buyers has been firm."Gold remains one of our favourite metals and we expect prices ... potentially hitting $3,000 per ounce by 2025," BofAResearch said in a note on Monday.Spot gold prices hit a record high for an eighth consecutive session at $2,365.09 an ounce on Tuesday, with support from momentum-following funds and growing geopolitical tension. GOL/ The price rally comes as expectations increase for the U.S. central bank to deliver its first interest rate cut in June, as lower rates burnish the appeal of holding non-yielding gold.BofA said the precious metal would move higher if Western investors joined "the party on rate cuts".Bullion's steaming record rally has spurred other banks to raise price forecasts.UBS said in a note that it expects gold to make further highs over the coming quarters, following a brief pause in the near term. It upgraded its 2024 year-end bullion price target to $2,400.Citi also lifted its price targets, adding that alternative-fiat demand, geopolitical hedges, macro-overlays on equity and credit portfolios, and financial buying catching up to robust physicals appear to be working in synch to push the bullion complex higher.In its bull case scenario Citi expects prices to average $2,500 in the second half of this year.On other precious metals, BofA said that since palladium demand was dominated by auto catalysts, it was likely to underperform platinum."Silver to rally above $30 ounce over the next 12 months," it added.

[jaspoland] 09/4/2024 10:11

With approx $460 million of gold per year at play let's hope the bankers don't get greedy

[plat hunter] 09/4/2024 10:05

I'm not entirely convinced it's that desperate LLB. "Commercial production" is a very opaque turn of phrase and much depends on the bods ambitions for the project much more than anything else.

Considering the amount of material already moved and the koekoe intercepts I doubt very much that we're processing 50bps grade just so we can have the accolade of 110% processing run rate.

BOD has been very cute here imo... All they did was update to state commercial production won't be achieved in Q1 and only 2 weeks prior to the end of the Q. The rest was done by Corica and the headless chickens that is the market. And now HUM don't have to update what mining rates are or when we hit commercial production, both of which can just be foot notes in the Q updates.

[laurence llewelyn binliner] 09/4/2024 08:36

#PH, 1 bench away from the higher grade we need and commercial production, we are still grinding through marginal grade, still better than zip, but as you mentioned the AISC will be ugly, it just keeps the plant running and everyone on site busy..

Q1 update next week, 19th last year, so we might have to wait until then for post period news on the contract miner situation and progress, although it is of such importance it should be here and now....

[plat hunter] 09/4/2024 08:31

It is but it also might not. How close were we to commercial production before Corica walked and what's the definition of commercial production for Kor?

Huge knowledge gaps the market is filling in for themselves imo.

[plat hunter] 09/4/2024 07:13

I think so Border

[borderterrier1] 08/4/2024 23:01

LLB Wise up. This has ALWAYS been costly for the shareholders.

Plat. Perhaps the Bod take their orders from someone they shouldn't?

[laurence llewelyn binliner] 08/4/2024 21:48

Another news blackout day, see what we get this week, but it is getting costly now after the Corica down tools RNS 18.03.2024..

[plat hunter] 08/4/2024 20:23

Disagree with that one knocker, this share is fine until the bod opens their mouth.

[borderterrier1] 08/4/2024 14:27

Or Bum? These have been a$$ing around for too long now.

[jedi k] 08/4/2024 14:07

What about Dad?

[1knocker] 08/4/2024 13:58

For HUM, no news is not good news.
Everyone else concerned in this mess can afford to wait. MUM cannot.

[backmarker] 08/4/2024 10:34

Experimente - this means experienced, and not experimental as I initially thought. Just as well.

[jedi k] 08/4/2024 09:50

https://www.linkedin.com/posts/zimalco-group-logistic-transport-0077a01b4_activity-7179881408675348480-i-jI?utm_source=share&utm_medium=member_iosThis picture from 1 week ago, is this at KGM and the Zimalco fleet working with multiple fleets?

[backmarker] 08/4/2024 07:05

Still no update on Kouroussa. And no new conspiracy theories either. How boring.

[plat hunter] 07/4/2024 20:41

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Despite a severe power crisis in Mali with frequent blackouts, the country's mining companies are not affected as they have their own stand-alone power plants. Hummingbird Resources, a British company, has confirmed that its operations at Yanfolila continue uninterrupted thanks to an on-site power plant. Mali's gold mines, including Barrick Gold's, are increasingly integrating renewable energies, such as solar power, into their energy mix to reduce greenhouse gas emissions. Mali, Africa's third largest gold producer, also sees companies such as B2Gold, Resolute Mining and Allied Gold contributing to its industrial gold production.

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