Hummingbird Resources Share Discussion Threads

[lowtrawler] 12/4/2024 23:49

IMV, the discussions on this thread have become distracted from the main question - what stance will Coris take?


Coris are in a position to determine the future of HUM. It doesn't matter if gold is at 2400 or 3000, the key question is: how will Coris act?

Until an answer is known to this question, any investment decisions are operating blind.

[borderterrier1] 12/4/2024 21:25

Gentlemen, you need to understand that this isn't a REAL company per se, it's only a pretend one. It's run by wanna be gold miners with zero experience.

[jedi k] 12/4/2024 17:53

Goldman Sachs on Friday hiked its year-end gold price forecast to $2,700 per ounce from $2,300, saying the metal's bull market is not being driven by the usual macro factors."With Fed cuts still a likely catalyst to soften the ETF headwind later in the year, and right tail risk from the US election cycle and fiscal setting, gold's bullish skew remains clear," Goldman analysts said in a note.

[jedi k] 12/4/2024 16:00

POG heading north again 2425 and heading to 2500 before long. Commercial Production at Kouroussa is what we need....Hopefully some positive update next week with Q1 results.

[jedi k] 12/4/2024 15:37

If the discussions with Corica remain ongoing, you would expect management to put interim contract with the second supplier in place to continue operations. I hope this is the basis of the posts and pictures from Zimalco, will this the deliver the 2024 output in an high POG environment?Even a lower output Hum generate the revenue for 2024.165k at 2000 POG gives 330M - BudgetOr 140K at 2357 POG gives 330M - forecastWith lots of upside potential in H2.With a dynamic and experienced team from Zimalco GroupWe will never give up Hummingbird Resources plc Kouroussa (KGM) We will achieve the 2024 goal with courage and determination. Thank you to the General Management of Hummingbird Resources plc Kouroussa for the trust in Zimalco Group.

[jaspoland] 12/4/2024 14:40

If nothing else the IR person at HUM is clocking up those airmile points

[laurence llewelyn binliner] 12/4/2024 14:32

#Jedi K, nice to see the March activity update video from KEUG, they have not posted that on the website, 4 g/t ores scheduled (so far) to come out in H2-2024..

[jedi k] 12/4/2024 13:25

https://www.linkedin.com/posts/hummingbird-resources_safe-haven-demand-fuels-golds-record-rally-activity-7184520952901160960-mH3R?utm_source=share&utm_medium=member_ios

[jedi k] 12/4/2024 13:25

https://www.linkedin.com/posts/james-husband-06b160109_gold-mali-mining-activity-7184524665971724288-5AOu?utm_source=share&utm_medium=member_ios

[temujiin] 12/4/2024 12:15

I wasn't opposed to the hedge, tho suggested something like 10k per $100 increase to a max of 35% of production.

[jaspoland] 12/4/2024 09:28

Where are those insisting on a hedge now?

[nickwild] 12/4/2024 09:02

only 40,000 oz at $250 loss till end of hedge = $10M if gold price stays same

[laurence llewelyn binliner] 12/4/2024 08:46

Over Q1 the hedge cost us nothing as average POG was not over 2,150, however Q2 is now hurting us to the tune of 250 an ounce and is now costing us USD5M per quarter at a time when we can least afford it..

Perfectly demonstrated here why a hedge can come around and bite you in the ar*e on the upside lost from not selling into spot and we will now have to borrow that or raise it to plug cash flows..

[darrenhorsfield2] 12/4/2024 07:57

Yes it was a bad move but could have gone either way and not all hedged, just need to get them back to work and this will fly. Should be 40p by now.

[bushtuckaman] 12/4/2024 07:35

Big move in pog overnight. How much is the ridiculous hedge arrangement costing here now? Is it $240 per Oz?

[borderterrier1] 11/4/2024 18:02

Plat. You were saying.................?

[plat hunter] 11/4/2024 17:40

Agree backmaker... Make or break by Monday but we also have divergence trends on the weekly, monthly and three monthly sessions.

Charts are looking really good now

[backmarker] 11/4/2024 15:49

Higher highs and higher lows is what's needed, and so far that's what we're getting.My screen was very blue yesterday, but it's red today.Moving back up from the low, onwards and upwards.

[borderterrier1] 11/4/2024 14:25

Gentlemen. The long time shareholders have been treated like imbeciles for too long now. Methinks it's time to throw the towel in here.

[dickbush] 11/4/2024 10:17

LLB, Take a look at the graph of LSE:RICI, Jim Rogers' all commodity index. There has been a strong rise through March to today which will work its way through Producer Prices and into Consumer Prices over the next couple of months. So, no reduction in US rates unless employment weakens substantially over that period. No sign of that yet.

[plat hunter] 10/4/2024 19:09

Commercial real estate all depends on whether the tenant will actually pay the rent, which depends on whether the tenants customer will take higher prices. Short hand but this is what inflation is and higher prices will be tolerated until they're not.

[farrugia] 10/4/2024 19:03

higher rates accelerate the risk of a commercial real estate crisis.... with all the bullishness in the USA stock market the real economy is weak.

[blackhorse23] 10/4/2024 16:44

Pumping for dumping !!

[borderterrier1] 10/4/2024 16:28

Zam1 Look at the share price movement. I believe "the news" is out there, the shareholders just don't know it yet.