Hummingbird Resources Share Discussion Threads

[new_buyer] 12/8/2019 14:29

moneyfornothing almost halfway through Q3 and hopefully everything is good, LOM news to come soon so good news just around the corner.

[borderterrier1] 12/8/2019 13:40

moneyfornothing1 Hum will have a fabulous Q3 with absolutely no problems. Golden Bull told me.

[moneyfornothing1] 12/8/2019 13:05

Will be interesting to see long term if the paths of CORA and HUM are more interlinked than they are now, looks like a very good fit but would imagine HUM having a good Q3 if the most important priority.

[new_buyer] 12/8/2019 13:03

Plasbryn yes a decent looking day for CORA whilst HUM continue through the wet season without mishap hopefully, good days ahead for both companies.

[borderterrier1] 12/8/2019 12:47

moneyfornothing1 I agree. Nothing but blue skies for this co. now! Fabulous job by the Hum team. BTW Pog $1,510 now and rising. Strange how there is no change in the SP?

[moneyfornothing1] 12/8/2019 09:31

Might have missed the boat on CORA but as a HUM holder it's good to see.

[plasybryn] 12/8/2019 08:47

Nice action at CORA Gold this morning again. All good for HUM.

[borderterrier1] 11/8/2019 20:01

I agree 100% with Golden Bulls post on the LSE bb. Hums's Ceo DB is obviously destined for bigger and better things. His flawless management and experienced mining skills are now apparent and I bet an alliance with a mining giant is on the cards. Move over Mark Cutifani and Sam Walsh! BTW, has he ordered another Ballmill yet?

[moneyfornothing1] 10/8/2019 22:23

Not looked at CORA but might see what’s is all about

[new_buyer] 10/8/2019 19:51

Yes plasbryn both CORA and HUM are moving nicely, just need to see this Q through without mishaps and will expect some further movement up on the share price

[borderterrier1] 10/8/2019 13:40

After a series of mistakes, (none of it their fault) its good to see that DB and his experienced team now have things well under control here. I think that the pog and this share price could continue moving N in the coming months. Ten bagger at least by Christmas. Well done Hum team!

[plasybryn] 09/8/2019 15:49

Cora moving strongly

[borderterrier1] 09/8/2019 15:24

Strange how investors get carried away with what is, after all, a slight move North with the share price that was triggered by the POG, nothing more. Hopefully this won't stagnate again for 2 years?

[moneyfornothing1] 08/8/2019 10:53

AGG licenses not CORA

[andrewsr] 08/8/2019 10:43

We're nearly half way through the rainy season with 10,000 oz produced in July - so far, so good.

Darola,
Where does the 10k figure for artisanal workers on Cora licences come from, thanks? Their licences are scattered over quite a wide area, but Tekeledougou is probably the only one currently within haul distance for Hummingbird, maybe others to north yet to be fully explored.

[lasata] 08/8/2019 08:16

Update on the weather in Mali now would be useful

"The rainy season also has negative effects on Mali. The rains destroy the communication lines within the country: many roads become inaccessible for 2 or 3 months and, sometimes telephone lines become unpredictable"

[bittorrent] 07/8/2019 13:04

Gold approaching $1500 now.

[darola] 07/8/2019 11:47

One of the reasons HUM backed out with AGG is the number of artisanal miners on top of their resources. Circa 10k! That would have been a huge effort and political sh*t storm.

So irrespective of grades and options, I don’t think they’d touch it.

[fsjamescampbell] 07/8/2019 08:32

hxxps://youtu.be/JY1VNTk049c

Superb analysis of CORA and HUM mentioned!

[redtrend] 07/8/2019 07:53

I would agree. It should be noted:

a) Yanfolila itself has ample room to expand its Life of Mine - at least 5yrs, possibly more.

b) Cora has 2 main prospects: Tekeledougou and Sanankoro (they have others but these are most advanced)

- Tekeledougou is just round the corner from Yanfolila(5km or so) and has some high grades reported:
•56m @ 2.2 g/t Au
•17m @ 6.8 g/t Au
•1m @ 35.7 g/t Au

- Sanankoro is asset further away (80km or so). Depending on terrain and Capex versus Opex, it's weighing up whether Sanankoro is better as stand-alone mine or feed to Yanfolila. There are 2 very interesting zones with high grade intercepts already:

•8 m at 3 17 g/t Au from 69 m
•26 m at 2 60 g/t Au from 71 m
•24 m at 2 83 g/t Au from 56 m
•46 m at 4 48 g/t Au from 49 m
•17 m at 5 10 g/t Au from 37 m
•48 m at 1 91 g/t Au from 17 m
•13 m at 2 33 g/t Au from 43 m

c) Next door to Sanankoro you have AGG's Kobada 2.2m Oz resource. HUM were right to back out of the Kobada deal though - the grades are poor hovering at 1 g/t and very few high grade zones. However if Sanankoro was developed as stand-alone mine, to extend mine life one could acquire AGG and blend low-grade with high-grade Sanankoro ore.

Considering HUM were debating trucking Kobada ore, it's not out of the question Sanankoro ore could be trucked.



The last Cora presentation is pretty interesting to see how they've progressed.

hxxp://www.coragold.com/wp-content/uploads/2019/07/Cora-Gold-Corporate-Presentation-July-2019-final.pdf

[bittorrent] 07/8/2019 06:46

To me, a tie-up between HUM and CORA looks like a "no brainer" (hate that expression!) Hum has the plant up and running, Cora has the ore within trucking distance (80Km?) Unless Cora are going to invest in their own plant, which we know is not cheap and would need funds.

[borderterrier1] 06/8/2019 23:53

ToInfinity. Yes, fabulous news eh? HUMRF up almost 16% today on the NYSE or in real terms almost $25,000 in my portfolio! Fabulous indeed! Thank you Hum team....I always had faith in you!

[new_buyer] 06/8/2019 15:39

Interesting to see both HUM and CORA moving up, CORA more than HUM, but good to see. POG touching $1,470 and a good interview on VOX yesterday.

[casual47] 06/8/2019 13:43

The incentive plan was badly handled.

I don't object to having a portion of free shares as incentive for a company that is trying to preserve cash, and the 1p options effectively were free shares, but they should have been a much smaller part of a much more comprehensive incentive plan which also includes options at a significant premium and which are linked to the longer term performance of the company.

Options are often used by management to illustrate confidence in where they see the company shareprice in the next 2 to 3 years.

And for sure there should be a 3 year or so lock-in of all such incentives, especially the free/1p shares.

[borderterrier1] 06/8/2019 13:20

And yet you guys are STILL talking about me? I guess you miss me? Yippie ki yay!!!!