Hummingbird Resources Share Discussion Threads

[kennyp52] 11/10/2024 09:16

I see Dan Betts has been elevated to president is it ? That they have brought an industry expert in to assess the management of the company … which kind of confirms what BT1 has been highlighting .. Betts is useless and clueless.

What’s the MCAP ? Selling itself as potential 200k ounce producer but burning through cash and never makes a decent profit . Still a very risky share imho .

[infinity888] 11/10/2024 07:53

Did as well a good profit on FRES last 2 weeks - added more in HUM after sold yesterday. HUM is next big gainer

[farrugia] 11/10/2024 07:38

i just closed my Fresnillo 50 call option contracts for 42.65k profit! That's my biggest win this year (all in the space of 2 months). I still have my chunky shareholding in Fresnillo but thought I'd remove some risk from the table for now.

Probably I'm losing out (their expiry was next April 2025) because i see Fresnillo going up a lot in the medium term but well I still have the shareholding that doesn't have a time expiry! I deserve a new electric car with the plate Fresnillo on it ha

Here's the link of the trades:

[infinity888] 11/10/2024 07:25

Thats easy - established connections to investors in Pasofino. (Retail and PI) They will know best as waiting to cash out on Pasofino

[darrenhorsfield2] 11/10/2024 07:21

Where have you got this info from, nothing out there to suggest this

[sleveen] 11/10/2024 07:08

Yes Prime Minister.

Are the rumours true?

Well it's true there are rumours.

[infinity888] 11/10/2024 07:03

With cash from Dugbe we will see a short term gain to 10P quickly

[infinity888] 11/10/2024 07:01

Rumours arrived from Canadian investors - Dugbe sale is closing with Premium offer.

Sounded like done next week latest. Good to see the cash coming in. Also seen Satellite pics from KOU - massive progressed

[borderterrier1] 10/10/2024 23:37

Plat hunter I guess in your case, silence really is golden?

Sincerely, I'm sorry to see you go and before you think I'm gleefully happy that you've lost, I can assure you that I'm not. I knew things here that Joe Public didn't because luckily, I have contacts. I hate investors losing but making money in the markets is hard, especially when you are fed lies and B/S by some company owners.

There is of course a law against it but upholding that law these days, (especially where "The Old Boys Club" is involved) is virtually impossible.

All the best and GL with your future endeavors.

[borderterrier1] 10/10/2024 11:52

Plat. You know more about this than most, right? In your opinion, why DO YOU think this share price is where it is today? It obviously can't be the price of gold so was it:-
1. Lack of capital.
2. Inadequate management.
3. Faulty infrastructure.
4. Unsuccessful marketing.

[jbravo2] 10/10/2024 11:21

It's far from a secret how inept they've been for years.
Whats more surprising is how long it took for the tipping point to be reached.

[plat hunter] 10/10/2024 11:06

43m MCAP really says it all, it's not as if they've been operating in secret and no-one knows about them.

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

Thanks Tem, I'll be back at some point I imagine, the market ATM and rightly so do not trust the bod.. Dan moving to chair does nothing to address it and Thomas Hill staying is also a problem. An executive finance director has to bare a lot of the responsibility for a dire financial position.

I might be wrong but I can't see Q3 being any better than 24k ounces being sold for much more than 2300, with an opex for the period of circa 60m it will likely be another EBITDA loss and whilst they have recently announced the finance to cover this, I really didn't like the dismissive comment about commercial production in the last update or Dans attitude in the recent Q&A and I thought Tom was either dismissive or just didn't listen to the questions being asked.

For now I'll wait for a significant news event which demonstrates a turnaround or until I can't get buy quotes. Which ever comes first. They'll be miles more volatility yet, irrespective of the final outcome.

[temujiin] 10/10/2024 09:47

Good luck with wherever you go Platt. I'm certainly not buying HUM as their financial position is too uncertain atm, but will keep what I have for now.

[borderterrier1] 10/10/2024 00:50

farrugia and those interested. A good friend of mine contacted Frank Campbell, the Hummingbird Pied Piper back in 2018. At that time, Frank didn't know the guy was a good friend. Frank was the guy that wrote the glowing documentation for this and at that time he divulged some things to my friend that I believed were worth looking into. Frank repeatedly told us all he was "long and strong" but he bailed out two days before this dropped like a rock and he's never been involved here since. So I speculate he also knew something wasn't quite as it should be....... and left.

[borderterrier1] 09/10/2024 22:52

Plat. Look on the bright side! Now you can "fill yer boots" again when this gets down to 3p! Choo...Choooooooooo!

[farrugia] 09/10/2024 18:40

Sentiment is at all time-lows. It doesn't take much for this to go down.

Coris not having much luck at Orezone Gold Corporation

Orezone Gold Corporation is based in Burkina Faso and Coris invested in it. Stock took a little mini battering on sentiment.

[tigerbythetail] 09/10/2024 18:34

Today's drop because of the news that Mali are racketeering Barrick, and HUM are likely next in line?
Or for what reason?

[borderterrier1] 09/10/2024 16:33

Plat. Over the last four years, neither have you by the sound of it?

[plat hunter] 09/10/2024 16:04

You haven't understood a single word of that have you far 😂😂😂

[creditcrunchies] 09/10/2024 15:16

Should be quiet now Plat dumped

[farrugia] 09/10/2024 15:12

its because no one wants HUM shares at present. Of course this could change!

So how much did you lose in all Plat...

[plat hunter] 09/10/2024 15:06

One problem I have whilst it's so low with little volume was that my holding was greater than what I could actually unload on to the market.. It was a real battle to sell down, without taking a blind limit order