Hummingbird Resources Share Discussion Threads

[laurence llewelyn binliner] 15/12/2019 16:22

Very much looking forward to 2020, 2019 will not deliver the best FY financials with our weak Q1/Q2, but Q3 set the stage for a very strong Q4 to close out the year on..

The 2019-Q4 production numbers/financials will give us a great insight for 2020, now we are fully scaled up and with a a strong POG to sell into we are very well positioned, with the added knowledge of the communists not having any negative impact on business or inputs over taxation for a decade to come..

FY2019 POG is going to be c1390/Oz, but 2020 will start out at almost +100/Oz, and over 125,000 Ounces that makes a lot of difference to revenues, call it +USD12.5M for easy calcs..

Next milestone is net cash positive late 2020, followed by debt free status forecast H1-2021 and somewhere along the route .. dividends.. :o)

[chipperfrd] 15/12/2019 13:21

Welcome Napoleon,

It's certainly far quieter here but I can assure you that as and when news of HUM arrives we will discuss it without all the personal stuff that infects the other board - at least, that is my intention.

I am reasonably confident that there will be much in the way of positive info from the company over 2020 and beyond so I look forward to a happy band of investors here posting their views in the months/years ahead.

Chip

[napoleon 14th] 14/12/2019 15:08

Hi.
I'm a refugee form the other thread.
I don't know how they view helping their fellow man, but they spend their time responding to the resident troll/idiot/depressant, so I'm outa there.

Been in HUM for quite a while, on a 36% loss from 33p.
As gold is part of a balanced PF & HUM is a decently run company getting over
the previous weather-created disaster, HUM is a LTBH for me.

GLA.

[bo doodak] 13/12/2019 14:20

This would present no significant problem

[borderterrier1] 13/12/2019 14:15

Bo Doodak I agree. So I guess we will get an update round about Easter 2020?

[bo doodak] 13/12/2019 14:09

Most companies tend to reduce their communications when they hit rough patches. That's quite understandable when viewed from a human reactions perspective.

[moneyfornothing1] 13/12/2019 08:53

You need to do a bit more research and maybe download the VOX app. Fairly regular updates but you also realise that CORA and HUM are at totally different positions in their life cycle yes? The one that gives regular updates is probably in need of funding, not definite but expansion plans don't come cheap, whilst the other is producing a sale-able product on a daily basis yes?

Yes HUM could communicate more but CORA need to communicate more as they are soon to issue their scoping plan for a possible mine for which funding will be required so it's no surprise that they are issuing more updates and doing more PR. But you knew all this already didn't?

Give me strength!!!

[borderterrier1] 13/12/2019 01:56

Moneyfornothing1 If you read the Green Fools post he says "Cora releases an RNS and updates almost every month". Exactly. In the early days, Hum did the same.......until the mine was completed. Every day there was a news item/podcast or similar from DB. Was that a ploy to entice investors to part with their money? I suspect so. But now, nothing. Late updates, no news, treating the long time investors here like mushrooms, with the utmost contempt. And before you tell me I'm wrong, go back and check for yourself.

[laurence llewelyn binliner] 12/12/2019 17:41

A nice 100K PI buy printed at 21.25p after the bell setting us up well for a post GE Friday.. :o)

[borderterrier1] 12/12/2019 14:04

Of course but please remember the time difference. I'm not in the UK.

[moneyfornothing1] 12/12/2019 13:33

Do you mean yesterday afternoon? Nothing that hasn't already been said by many people on here many times.

[borderterrier1] 12/12/2019 12:44

moneyfornothing1 Timing is everything. I will wait until this bottoms out and they put new management in. Won't be long. Then read The GreenFools post on the LSE bb this morning. Exactly.

[moneyfornothing1] 12/12/2019 10:09

Be interesting if it's a new II coming on board.

[laurence llewelyn binliner] 12/12/2019 09:55

Interesting trades #Chip.. Sustainable Capital added 1% with +3.5M shares declared on 05.12.2019, I wonder if the 5.2M that went through yesterday was part of the other side of that trade or a sell/separate addition..? no TR-1 yet, 1.5% should trigger a disclosure.. :o)

[borderterrier1] 11/12/2019 23:35

charlieeee Talking of negative drips, I agree. Drip,drip,drip. Or should it be drop,drop,drop? share price down another 3%. 15 p by Christmas?

[charlieeee] 11/12/2019 23:29

Too many biscuits being tossed.

Why the ongoing dialogue, when using the other thread avoids the endless drip of negativity?

[goodgrief] 11/12/2019 20:28

Poor BT... someone toss him a biscuit!

[dickbush] 11/12/2019 20:14

Gold price looking positive.

[moneyfornothing1] 11/12/2019 14:26

borderterrier the market certainly isn't saying that. Being an expert in investing you would know that a TR1 form is not the responsibility of Hummingbird so it will be issued when it is issued!!

[lasata] 11/12/2019 14:22

5 million shares...…R30;.big trade??

[borderterrier1] 11/12/2019 14:18

LLB In a day or two? Are you serious? And how can you possibly concentrate on the progress of the company? Timely updates etc?

moneyfornothing1 Because the market says it was.

[laurence llewelyn binliner] 11/12/2019 13:47

#borderterrier, we will need to wait for the TR1 in a day or 2, it should cross a disclosure threshold and trigger an RNS with a 1.5% move / 5.2M then we will know if it was buy or sell.., it will have been worked through for some time before printed, and could easily be a buy..

Concentrate on the progress of the company for the next 12-24 months not the SP, that will take care of itself and re-rate as milestones get ticked off, (1) net cash positive, (2) debt free, and (3) dividends..

[moneyfornothing1] 11/12/2019 13:40

What makes you think that was a sell?

[borderterrier1] 11/12/2019 13:17

LLB And if what you say is correct, why the big sells this morning if this is such a good thing? Perhaps it's the Cora update that's made them nervous? You know, the same old scenario:- "A goldmine is a hole in the ground with a liar at the top?" 15p on the horizon?