Hummingbird Resources Share Discussion Threads

[qs99] 14/8/2019 13:08

thanks RT and agree, have re-entered the fray here....

[redtrend] 14/8/2019 13:01

Hi QS - I consider HUM extremely "under-valued" rather than "fairly valued" ; )

It feels they have turned a corner, but they still have a lot to prove in producing a solid Q3 (that will show 2 quarters of consistent turn-around, with this one being critical in rainy season) and they need to produce a Life of Mine update which is eagerly awaited.

Even without these 2 updates though, with gold $1,500+, current market cap appears absurd at £80m.

[new_buyer] 14/8/2019 12:55

SP has gone from low 12's to mid 20's this year so no surprise if there are some profit takers out there. POG looking good despite the efforts to derail it and LOM news hopefully just around the corner.

[qs99] 14/8/2019 12:05

gold motoring again. good to see decent progress here with HUM and have dipped in again...GLA and DYOR

[bittorrent] 14/8/2019 09:35

Profit taking? It's had a good run.

[squash90] 14/8/2019 09:23

Why the drop ?

[borderterrier1] 13/8/2019 22:00

Up 3% today. Long may it continue.

[new_buyer] 13/8/2019 18:53

I can’t get my head around selling because a chart says a point has been reached but it does work for many so it must have its positives.

[borderterrier1] 13/8/2019 15:34

Yep. Many, many months. The months have dragged into years and up to now it is a long, painful slog for many of us with unfortunately still only a glimmer of hope at the end of the tunnel. Negative? Doomongering? Not really. Just telling the truth.

[moneyfornothing1] 13/8/2019 14:58

I had a look myself but not something I would want to try i think, double tops (thought that was a dart term) and a "head-and-shoulders formation"!!

[new_buyer] 13/8/2019 14:53

andrewsr not into the charts myself but some people are certainly followers, chartists, and some have been very successful, each to their own methods I suppose.

[borderterrier1] 13/8/2019 14:41

andrewsr I have been thinking the same thing since August 2017.

[andrewsr] 13/8/2019 12:06

Maybe we have a 'break-out' of the down trend here, perhaps a bit of resistance around 25p, then we're off! OK, I don't know much about charting - I'm just an unashamed ramper, I mean shareholder.

[andrewsr] 13/8/2019 12:00

True, maybe that's down to a high proportion of share trades by spread-betters just using charting. For them, the short-term chart here looks quite good too!

[new_buyer] 13/8/2019 11:30

Not sure AIM and rational can be expected!!

[andrewsr] 13/8/2019 10:29

It's strange how the market is chasing up the price of Cora, Orusur and Condor for whom the current elevated gold price is largely irrelevant - that's irrational exuberance for you, whilst producers like Hummingbird are taking extra free cash every day and just ignored.
We must be due some rational exuberance.

[borderterrier1] 12/8/2019 20:54

NB Of course. Fabulous news! Lots of gold miners up today. Unfortunately, Hum isn't one of them. BTW Golden Bull. "Sea of blue today? " Really? Don't tell me you're colour blind as well as delusional?

[new_buyer] 12/8/2019 19:07

Good day for CORA up 20% today, POG above $1,500 again with news just around the corner!

[borderterrier1] 12/8/2019 17:01

moneyfornothing1 Not constant negativity but always the truth. It's always been baffling to me that the share price of other gold miners respond to good news but this never does? Sorry, that's not true. This share price responds by going down. Perhaps you have a theory?

[moneyfornothing1] 12/8/2019 15:35

Yes, I know what you mean, filtered now, still responding to every message I see but much better not seeing the constant negativity.

[new_buyer] 12/8/2019 15:34

Glad it's going well for you but it's been an interesting road the last 12-18 months, hopefully the recovery continues, good for the BOD to show they can get things right, a mixture of bad luck (out of their control) and some poor decisions in that time, not quite as many as some would like you to believe though!!

[borderterrier1] 12/8/2019 15:26

moneyfornothing1 "Only bought in a few months ago so delighted how this is going".
Those comments sound like mine on the LSE bb 2 1/2 years ago.

[moneyfornothing1] 12/8/2019 15:13

So far so good, hoping for no bad news and yes hoping for great LOM news. Only bought in a few months ago so delighted how this is going but I can see it has been tough the last year for some.

[borderterrier1] 12/8/2019 14:59

LOM projection will be on Thursday 12th September. GB told me. BTW did you jump on my gold pick AAZ from about a year ago? Post number 5646 or around there if my memory serves me correctly? Now, those guys can run a gold mine! share price up about 50% since my tip on here.