Hummingbird Resources Share Discussion Threads

[new_buyer] 09/11/2018 15:37

Frank what the hell do you think you are doing posting facts that can be substantiated? You know Borderterrier won’t have that and will blindly carry on ignoring them. Please stop it now or Borderterrier will get his Mum onto you!!

[lurker5] 09/11/2018 09:55

Dear oh Dear FSJ ! We all know that. You keep rabitting on about the same thing. Haven't you learned (obviously not) that markets and knowledgeable investors look ahead - not behind. You've never shown the slightest inkling that there are big question marks about HUM's future, and especially about the cash flow you are so blinded by. I suggested some time ago that you stick to being a PR puff merchant. You're obviously incapable of asking - and trying to answer - the questions in the back of investors' minds.

[fsjamescampbell] 09/11/2018 07:58

BT - You are an uneducated tramp...........you know zilch about HUM, you only repeat what others say, you hear "Dan Betts has gone missing" and you then jump on that and yap on like parrot being raped by a budgie!

Here is some facts that HUM achieved from 1st April 2018 to 30th June 2018

Yanfolila highlights at 30 June 2018

33,101 ounces of gold poured at an AISC of US$790/oz

Average grade of 3.43 g/t

38,726 ounces of gold sold at an average price of US$1,307 per ounce

500,000 Lost Time Incident ('LTI') free hours achieved during the quarter

Exploration drilling campaign targeting conversion of Resources to Reserves commenced at the end of Q2

Corporate highlights at 30 June 2018

Cash of US$46.2m

Net debt of US$15.6m


Dan Betts, CEO of Hummingbird, commented:

"Hummingbird's second quarter of production has been a successful one. It's been our first full quarter of commercial production at Yanfolila and we have delivered on forecast with high grades and strong recoveries coming through the plant. The team is running the mine exceptionally well and it is pleasing to see our successful emergence as a commercial gold producer. Â Our next focus is to prove that we can extend the mine life of Yanfolila by converting Resources to Reserves through the Group's exploration campaign, which is underway.

BT - The above is an example of a company hitting and exceeding all targets in their first ever quarter of commercial production, these are the facts and they are undisputed.

Q3 was a disaster and not related to management failure or incompetence the key elements were...

1. POG.
2. WORST WET SEASON IN 20 YEARS.
3. ROM PAD STOCK PILES DEPLETED DUE TO ITEM 2 ABOVE.
4. PIT WALL INSTABILITY ISSUES.
5. ACCESS BRIDGE 6km FROM YANFOLILA - WEIGHT RESTRICTION ISSUES.
6. HIGH FUEL COSTS.
7. LOW PRODUCTION AS A RESULT OF ITEM 2.
8. HIGH AISC AS A RESULT OF ITEM 7 (SAME OPERATIONAL COSTS v LOWER PRODUCTION = HIGHER AISC).

Management failures have been BH deal and communication (which is debatable).

[borderterrier1] 07/11/2018 23:19

avsome1968 The Ceo and management here are treating their shareholders with an absolute, total lack of respect, milking the profits with their high salaries, lucrative share options but producing poor performance figures. Despite this, Fsj the company pied piper/mouthpiece continues to promote and speak highly of them. I wonder why? Nobody will invest here when they are receiving such shoddy treatment. This "experienced" Bod are a disaster and the share price is very disturbing now.

[avsome1968] 07/11/2018 22:50

BT will agree with you on share price will dwindle down till we here news. management team need to get a grip here need some news and quick

[new_buyer] 07/11/2018 19:43

Did I say you lost money Borderterrier? Still gives me a warm glow though that you are down $38k!!

[new_buyer] 07/11/2018 16:47

Most likely $38k in a virtual portfolio rather than an actual one!!

[new_buyer] 07/11/2018 16:46

Frank, allegedly $38k, gives me a warm glow!!

[new_buyer] 07/11/2018 13:53

Maybe Dan is using up all his TOIL?

[fsawatcher] 06/11/2018 20:42

cgart says lower to go

i fink 15p then 12p placin coz they runnin out of cash like pat

[new_buyer] 06/11/2018 19:45

There you go proving my point AGAIN!!

[borderterrier1] 06/11/2018 19:37

New_buyer And it's still 100% correct. BTW no buys today. Zero. None. Nada. Zilch. For such a stellar company that you and Fsj say is such a good investment, I wonder why that is?

[new_buyer] 06/11/2018 19:12

Slowly, quickly, backwards, sideways, upside down it’s still narcissistic drivel!!

[avsome1968] 06/11/2018 18:40

HI peeps surprised no update yet on bridge mine damage timescale etc thought there would've been some news by now for the worried shareholders longer this silence goes on worse the news could be, does anybody no about the weather over there is it still bad for them to access the damage waiting maybe for the water levels to go down hmmmmmmmmm going to do some digging with hum maybe even a phone call

[new_buyer] 06/11/2018 18:04

“I was right all along about this” brilliant!! Bought on the ups, tells us the share price never went up (when it was) but has been right all along!! Narcissism at its best!!

[borderterrier1] 06/11/2018 16:38

Fsj. Dear Hum pied piper and mouthpiece. You won the Hum "competition" to see how the mine was running like a "well oiled Swiss watch". Unfortunately, the watch is now broken. Badly broken. Your predictions have been spectacularly and disturbingly wrong for us all and the calamitous share price proves it. The Ceo going AWOL proves it. The Beaufort FBI investigation and subsequent prosecution proves it. The "Blunder" Hill investment proves it. The pit wall collapse proves it. Despite what me and others tell you, you call me names on here. I was right all along about this, you were wrong.


Keep burying your head in the sand and ignoring the glaringly obvious problems by all means. But if you don't believe me, research by the stock investment giants, VectorVest etc. Like lots of others are now saying, someone is to blame. Please let me repeat that. Like LOTS OF OTHER INVESTORS ARE NOW SAYING, "someone" is to blame. But he won't face up to his obligations to us, the shareholders. The sooner this is TO the better. Its our only chance.

[borderterrier1] 06/11/2018 15:57

New_buyer So does the Ceo and some of the Hum "management" team.