Hummingbird Resources Share Discussion Threads

[borderterrier1] 12/1/2020 16:04

kennyp52 As I have often said on here, the cash I have invested in Hum is an almost insignificant amount for me. But that doesn't stop me from being concerned about what is going on here and as an investor, I will comment as I see fit. But then, I'm obviously not as gullible as some of you are to swallow this ongoing B/S. But the post above from Trader365 "Kenny the clown" sums your comments to me on here up. Obviously he knows you a lot better than I do.

[dice1950] 12/1/2020 15:21

papers’ share tipsters picked for 2020

[kennyp52] 12/1/2020 15:17

Then don’t Borderterrier1 ... press the sell button ... pocket the cash and get yourself a heart monitor before you blow a gasket ?

[chipperfrd] 12/1/2020 11:46

Lasata,

Just a couple of thoughts regarding Dugbe following on from your initial question about the project last week.

I think it would make sense for HUM to do infill drilling in order to raise the JORC resource up to a significant amount in the Measured category - say 12 months of drilling.

Then, assuming decent results, take the project through a PFS process (say 12 months). If that worked out ok then fund a full BFS (say 2 years) so that the project is fully costed and ready for financing and development towards production.

At that point, assuming the project is viable, they would be in an excellent position with options to (1) develop themselves, (2) find a JV partner, (3) sell the project to a bigger miner looking for Reserves with maybe a NSR (net smelter return) Royalty agreement to HUM cut under the M&A deal.

That optionality would, in my view, start to add significant value to their share price whatever the final outcome and the entire process (up to the BFS completion) would not require too much cash to realise.
Chip

[borderterrier1] 10/1/2020 13:01

Most of the investors here are stupid......me included for accepting what now looks like complete B/S from the Ceo and "management"..... IMO overpaid clowns supervised by incompetent monkeys. Come on guys, wake up! 39p share price for a hole in the ground, pog touches $1,570 and now 22p? Bad communications, costly projects, a display of incompetence and two years ago the mine was:- "running like a well oiled Swiss watch" (Fsj's words, not mine), and balance sheets that to say the least are unclear as to where the money is going? Read gameanglers post on the LSE bb. EXACTLY!!!!!! How much and for how long are the investors prepared to swallow this unadulterated B/S? Pathetic.

[casual47] 10/1/2020 12:58

The geopolitical risk is not more than some of Barrick's, Endeavour's etc assets.

The reason the share price is low is because it still hasn't fully recovered from what caused it to drop from 32p to 16p.

Given the operational recovery story and the gold price the share price recovery shouldn't be far away.

[oohrogerpalmer] 10/1/2020 12:49

And this is one main reason why the share price is so low , always one gunshot away from potential disaster!!!!

PS,
Please don't give us your take BT as I've seen & read it all a hundreds of times.

[dickbush] 10/1/2020 11:44

Attack was 1,000 miles from Yanfolila.

[kennyp52] 10/1/2020 08:51

Go play with your Thai ladyboy trader365 you loser . Stop stalking ... get a life.

[borderterrier1] 09/1/2020 19:16

Note from Golden Bull of the LSE bb:- "This is why we pay Dan to sort it out". Really? IMO Dan can't sort anything out. That's why key operatives leave.

[borderterrier1] 09/1/2020 17:19

Of course.

[moneyfornothing1] 09/1/2020 16:54

Looks like someone called Darola first recommended that not yourself. Was he a friend of yours?

[borderterrier1] 09/1/2020 16:21

moneyfornothing1 As you will see from the LSE bb others are saying a share buy-back is the way forward. I wonder who suggested that 2 YEARS AGO. Couldn't be me, because I'm an idiot. But it won't happen. Why? Because the Ceo doesn't give a rats a$$ about the shareholders.

[kennyp52] 09/1/2020 14:13

Costax154X ... this garbage share you are on about ORM .... loss making , non dividend paying gamble that has no cash other than borrowed money on very expensive terms ..

(Sharecast News) - Ormonde Mining reported on Thursday that Saloro, the operator of the Barruecopardo Tungsten Mine in Spain in which Ormonde holds a 30% joint venture interest, has entered into a €10m, 12 month term loan facility to be provided by funds managed by Oaktree Capital Management.
The AIM-traded firm had announced on 20 September that the new term loan would provide Saloro with additional liquidity support as it established mining operations on the main ore body at Barruecopardo.

Saloro would be able to draw from the loan on an as-required basis, in tranches of at least €0.5m, over the loan period.

Interest on the loan would be capitalised in full, at a rate of 18% per annum on drawn funds, with a 3% per annum commitment fee accruing on undrawn amounts.

Drawn funds, capitalised interest and commitment fees would be repayable at the end of the 12 month term, by bullet repayment.

[borderterrier1] 09/1/2020 13:43

moneyfornothing1 More conspiracies? Where exactly?

[costax1654x] 09/1/2020 10:10

Anyone noticed ORM ?Gold asset in Salamanca and 5 mil £ Cash,no debts, for 3 mil mcap!

[moneyfornothing1] 09/1/2020 08:15

New_buyer has filtered you so can't see any of your posts so not sure how he would reply to you.

Share buy backs would be a good, simple and effective way for HUM to move the share price up.

More conspiracies I see about the Betts family!!

[dudishes] 09/1/2020 03:15

Chip, averaging down with AIM, fools paradise. his could be the odd one out, never know, good luck!

[borderterrier1] 08/1/2020 22:15

moneyfornothing 1 Please read the post at the bottom 03 August 2018 where I suggest share buy backs to eliminate cross trading. Please look that up. NB accuses me of conspiracy theories. Notice he didn't reply. And one of my concerns now is that even with a good Q4 report if the share price does move N many will sell asap. I don't blame them. There is zero confidence now in this company......... but keep it in the family. Sell the ore to Dad, mint to commemorative coins (also Dad) and keep taking the big salary even though the share price performance is worse than abysmal and the company mouthpiece "Long and strong" Fsj bailed out some time ago. Hey ho, life is good for the Betts family.

[moneyfornothing1] 08/1/2020 22:11

What are you trying to convince me, I'm still not sure what your purpose is?

[borderterrier1] 08/1/2020 21:24

moneyfornothing1 When you have a spare minute, please type "Share buy-back" into the "search this thread" section at the top of the page here and see what comes up. Especially the moronic post from Fsj and his friend new-buyer. If that doesn't convince you nothing will.

[borderterrier1] 08/1/2020 18:12

Just telling the truth to stop potential investors wasting their money. Take a look at some of the posts on the LSE bb. The investors need to have confidence in the Ceo but he's had his chance and blown it big time. Time to stand down.

[plasybryn] 08/1/2020 16:51

Don't forget AAZ, CAML and EVR. AAU may pay a special dividend in H1 if their MoU goes ahead.