Hummingbird Resources Share Discussion Threads

[bmnsa] 18/4/2019 08:36

Meanwhile back to the real world,POG is dropping daily.

[borderterrier1] 17/4/2019 17:06

NB. Here is my situation. Like a lot of others, initially I believed in this company 100%, that's why I invested. But many of the original investors that had faith here have now bailed out but I guess in your opinion they are all idiots? IMO this company has made several glaring mistakes and despite listening to Fsj's testimonials about what a sure thing this is, after over two years I think you will find that you two and a minority are the only investors to continue to support it now.

The share price today is exactly the same price as it was when I first invested here 2 1/2 years ago. That doesn't exactly spell confidence in either the Ceo or management does it? Even the "experienced management" won't put their hands in their pockets and buy shares. Never a good sign when the people steering the ship don't have any confidence in it, is it?

I may be boring to you but I'm willing to bet that many on here would rather have listened my truthful projections and saved themselves a bunch of money, rather than Fsj's delusional ones that have proved that, once again, this is just another African mining disaster.

[new_buyer] 17/4/2019 12:52

Boringterrier1 zzzzzzzzzzzzzzz

[borderterrier1] 17/4/2019 12:14

NB. And you sound like a delusional idiot.

[new_buyer] 17/4/2019 11:43

1smallfry you sound like an investor whereas others sound like gamblers!!

[fsjamescampbell] 17/4/2019 08:11

Hey BT - just had a call from HUM, they have offered me some 1p options too......"wow" i said! Should i take them before i buy back the shares i was really lucky to sell just before yesterdays drop........i need your advice as you are the prediction guru?

[bigglesbingham] 17/4/2019 03:59

Been watching this for a while and a concern was always award of options which were basically free at 1p subject to meeting criteria. If criteria not met then they altered for following year. See below from RNSChanges to Hummingbird Incentive PlanThe Company announced on 30 April 2018 that it had implemented the Hummingbird Incentive Plan - Performance Orientated 2018 ("HIPPO2018") incentive scheme to retain and incentivise key team members to deliver efficient production from Yanfolila in its first year of operations. The production and all-in sustaining costs ("AISC") targets for 2018 were not met and no discretionary performance awards will be made in respect of 2018. In recognition of the critical importance of the recovery plan as announced on 29 November 2018 and to retain and incentivise key team members, the Company has amended the targets for the HIPPO2018 incentive scheme to align these with the Company's key objectives for 2019, without any increase to dilution. NamePosition Total number of options granted in 2018 under HIPPO2018Options lapsedNew options grantedOptions VestedTotal number of options outstanding under HIPPO2018Daniel BettsChief Executive Officer1,367,188 - --1,367,188Thomas HillFinance Director879,688---879,688Other Employeesn/a3,910,943(625,000)595,177-3,910,943Total Directors and Employees 6,314,069(625,000)595,177-6,284,246As the core team is developed, further awards may be made under HIPPO2018 subject to a maximum dilution limit from HIPPO2018 of 5% of the issued share capital from time to time.Always a worry when the directors gift themselves shares.

[discodave4] 16/4/2019 22:50

Nortic 007 is a troll, beware.Oops wrong board

[borderterrier1] 16/4/2019 22:20

I agree. I'm not a gold miner but I am a businessman. I did my research here and was obviously swayed by the glowing broker predictions, news items and latterly the opinions of the paid mouthpiece. This lot have made some glaringly obvious mistakes IMO, too many now to recover.

[brasso3] 16/4/2019 21:49

BT

AAZ had a lot of problems in the early years and dropped from 90p down to 4p. It has recently rose from the lows to a peak of 95p. A lot happened along the way but you have to get control of your costs. Its not easy to get a 100k ounce/year mine running smoothly so this is not over yet. I would not be surprised though to see this go into single figures now especially of gold broke down to $1200/ oz.

[borderterrier1] 16/4/2019 21:41

NB Strange that you have been calling ne a fool for over two years and my predictions here have always been RIGHT? Yours and Fsj's on the other hand have always been WRONG. Please get Mummy or Daddy to explain to you what a fool is, then figure it out for yourself. It shouldn't be too hard, even for you.

Brasso. I think you will find that the big issues appeared after the management bragged about swinging into full production like a "well oiled Swiss watch" as Fsj put it. This is more like a Swiss cheese ie. full of holes. Big ones. You would think that the impressive management team, with all their massive pool of experience, would have figured out that the rainy season is an annual event? And the 1p share options? And the Bunker Hill disaster in the US that nobody would touch? Sorry, apart from the experienced Hum team that is. And the 11 million expense of the Ball mill? Come on! ever heard the old chestnut about "you should walk before you can run?" Exactly. So they spend another 11 million on the mill to process more ore... that they can't mine?

What's next to hinder the "production"? Crop failure and a swarm of locusts? Angry herd of buffalos? Elephants sit on the conveyor belt? The possibilities are endless.

[brasso3] 16/4/2019 20:30

Not many gold mines ramp up to full production without some big issues along the way.

HUM is not dead yet but I would rather be on the side lines for now.

They need to stabilise production and get AISC down to $800 - $900 in the short term.

[new_buyer] 16/4/2019 20:28

Time to filter the fool again....ta ta

[borderterrier1] 16/4/2019 20:25

NB More B/S? You're a liar. So is Fsj. His knowledgeable predictions have ALL been wrong here. He's misled a lot of investors here and he should be ashamed of himself.

[new_buyer] 16/4/2019 19:59

I think you need to read Frank’s post with a touch of irony, not sure he’s sold a single share recently.

[borderterrier1] 16/4/2019 18:56

NB You're not listening. I have lost nothing here. But Fsj your hero does make some amazing sell decisions with his Hum shares doesn't he? Especially after promoting it so much to others. It's a remarkable "coincidence" don't you think? But probably, in your case, actual thinking would be a tall order.

[new_buyer] 16/4/2019 18:51

Only a fool blames others for their investment choices and you know what they say about a fool and their money......

[borderterrier1] 16/4/2019 18:26

Fsj and NB By your own admission, you have "not lost a penny here". You must be the ONLY investors to do that. All the rest of us unfortunate mugs listened to you constant jabbering because we thought you were "in the know". Maybe YOU were. But unfortunately the rest of us were not. This is an absolutely abysmal, pathetic company. I bet you take sleeping pills. If you don't, you should.