Hummingbird Resources Share Discussion Threads

[avsome1968] 15/2/2020 15:32

Looks like gold could be testing £1600oz next week if we can stay above that, £1650 will come quick all good for all producing gold miners, just need hum to catch up moving like a snail at the moment, still think we still have that seller in the background but with another exceptional quarter to be had volume will pick up towards our 2Q update 30p plus before update would be very nice indeed. {BT}

[moneyfornothing1] 14/2/2020 17:52

Sp500g kennyp52 avsome1968 so far so good with the gold price, Dugbe moving now (although with little detail) and production kicking on, good times ahead.

[ukgeorge] 14/2/2020 15:27

just added 20,510 @24.495p roll on free cash flow making its way to the balance sheet

[borderterrier1] 14/2/2020 13:23

sp500g Thank you. Don't forget who started it, I'm back here by public demand. Perhaps I'll let this continue then sell to bring it down again? Oooops. Forgot. I don't own any shares.

[replicas1967] 14/2/2020 07:00

😂😂😂😂8514;

[sp500g] 14/2/2020 06:53

Welcome back from your short break bordertroll!
Our favorite non-invested deramper

[borderterrier1] 13/2/2020 22:50

moneyfornothin1 Please pay attention. I already said that.

[moneyfornothing1] 13/2/2020 20:41

avsome would be good if it did!

[borderterrier1] 13/2/2020 19:40

kennyp52 I never run from confrontation and any comments that refer to me in some way on here will result in an answer. Except the comments from new-buyer of course who seems to relish the three year train wreck here and invite it.

[kennyp52] 13/2/2020 19:22

Thought you was having a month off ?

[borderterrier1] 13/2/2020 19:13

Hope you're right avsome!

[avsome1968] 13/2/2020 18:56

Miss you BT 30p coming

[new_buyer] 13/2/2020 17:10

Kiss of death

[kennyp52] 13/2/2020 16:06

hey ... share price has gone up since Borderterrier took a sabbatical :-)

[sp500g] 12/2/2020 20:09

It looks like the seller in the background took a break (i still assume some positions from Aberdeen life). Without bad news and at least steady gold price we should continue to see solid upward movement in share price Aim valuation metrics vs share price have hit rock bottom around earnings date, also including generous Aim small cap and geographical discounts. Interesting for me is how the topics dividends / share buybacks are handled in the future. Debt reduction is undoubtedly topic no 1, second there will need to happen things in favor of investors. Further share price dilution in the situation the company now is in would be a very bad signal to the market (my red flag in this). For me its all now up to Dan + team to deliver, the framework at least is optimal at the moment.

[ukgeorge] 12/2/2020 16:30

looks ready to pop higher, I'd think once 24p is cleared that there won't be a great deal of resistance on its way back towards 28p.

Hopefully these low AISC actually result into free cash flow. Or will the greedy directors take it all in pay and bonuses.......

[seagreen] 11/2/2020 16:53

UK George you may have a point but a high cost producer needs a high gold price and the glory days of Gold mines being valued on an asset in the ground base depending on the category of proven resources have gone if they ever did arrive consistently in the UK for gold AIM stocks (although I seem to remember Canadian quoted mines being more reflective of ozs in the ground) that of course is why we so much debt funding to avoid dilution occurred which can of course end up with the mine ending up in the bond holders hands. We still pay a lot of interest but if they carry on in this manner we may end up with a far less diluted company, than may have occurred.

[ukgeorge] 11/2/2020 16:07

Yes the company is looking interesting now. Still a car crash over the last 2-3 years

[avsome1968] 11/2/2020 16:05

AM still waiting George seems to be stuck at 23,24, trading range down 50% 3 years ago, just been too many F-ck ups and bad luck, but I've been adding here over last 5,6 months overweight now but I do feel we have turned the corner we shall see looking forward to 2Q results gold still doing very well good support at $1545

[ukgeorge] 11/2/2020 13:16

remind me what was hum listed at?