Hummingbird Resources Share Discussion Threads

[glennborthwick] 21/2/2020 13:10

Gold at 1638$. If this made sense at $1400 it really makes sense of $1600

[cinoib] 21/2/2020 13:00

Broke arrow, true which is why I just bought another 10k and we jump up another 1/4 point, keep going, keep going.

[mad foetus] 21/2/2020 12:59

Like the look of this so bought some

[zhockey] 21/2/2020 12:40

Broken Arrow,

Note that AAZ report gold equivalent so the oz are sensitive to the Copper price.

Also 51% goes to the government under the PSA.

Your point however is valid. Once HUM are net cash positive this will re-rate IMO as did AAZ. Possibly sooner.

[glennborthwick] 21/2/2020 12:33

Look up the ticker gdp. It's a gold recovery business. Basically gold waste still has a load of gold in it which can be extracted with the correct machinery. Won't say more here as this is the hum board but there are a couple of good threads under gdp ticket

[broken_arrow1] 21/2/2020 11:28

Surely a producer delivering circa 120,000 oz of gold should be valued north of £200m - not £97m - take the debt into the equation (£35m & dropping) reduce that valuation to £165m - £170m or 50p a share

As a example AAZ are producing 80,000 oz and are valued at £145m

Looks far too cheap.

[techandy] 21/2/2020 11:07

What is goldplat?

[glennborthwick] 21/2/2020 10:23

All looking good. Just dipped my toe in at goldplat as well. Gdp. That's heavily geared to the gold price

[zhockey] 21/2/2020 09:45

Won't have to wait long for that!

[seagreen] 21/2/2020 09:34

Prefer them to pay off debt before paying a penny of dividend so the future is even more golden ....any less interest goes to the bottom line straight away ...but I am old fashioned and any new debt requirements would be at a better rate as lower risk

[avsome1968] 21/2/2020 08:51

Cant buy none but will take my chunk for 27.2p think we are going to test 28p today hum shares in demand.

BT nearly their buddy.

[cinoib] 21/2/2020 08:22

With gold on some kind of high flying weed I would expect it to reflect in the share price sooner rather than later as it's all going to the bottom line. The gold pundits recken it will top the last high by about $300 so expect circa $22oo by year end on earl next. Think I'll wait and see.

[oohrogerpalmer] 21/2/2020 08:15

Yeah, looks like 2020 could be our year.

[the deacon] 21/2/2020 08:10

HUM looking great since last time I checked in. Gold at $1635 makes an enormous difference, and still nowhere near reflected in the current valuation. It's going to be a great 2020 for gold and for HUM

[avsome1968] 20/2/2020 19:16

Seagreen

Yes that's so true, certainly changed a lot in my 8 year absence.

Anyhow charts looks great gold looks great management performing better, 3 good quarters coming up.
If they cant make money now, and get dept sorted end of year we all need to sell and move on, champagne on hold till 50p is breached, onwards and upwards (I hope)

[new_buyer] 20/2/2020 19:11

Might see a TR1 sometime soon, be interesting if we did.

[seagreen] 20/2/2020 18:29

avsome ...(apologies to others) AAOG was shocking and I was increasingly getting a hostile reception the more I found out was wrong ..I was just trying to warn people as I had got stuffed early the year before with the lies and so did a real DD and got to the bottom of what was going on..Never made any gain as do not short... in the old days fellow ADVFN people used to help and warn in a balanced manner,,its now so hostile...you get your head bitten off if you disagree with anyone.

Hey ho looks like value is gradually outing here...I like gradual...keeps the fruit flies away and the screaming masses

[andrewsr] 20/2/2020 17:09

If they announced a dividend policy, it would probably boost the share price considerably. The gold price rise of the last few days alone would give them an extra $5m/pa or so, which would make a very attractive dividend. Their give away options might then be forgiven.

[avsome1968] 20/2/2020 16:28

Gold $1621 chooo chooo

[cinoib] 20/2/2020 16:27

avsome, can't argue that but am not looking for dividends am looking for increase in share price only as can average 50=100% a year, if I happen to be in one that pays a divi whilst there, that's just a bonus. Afc is a prime example, held for just over a month and came out over 50% up that equates to a divi of 300% and am sure there is no company on the planet pays that. Marvellous we held the gain.

[ukgeorge] 20/2/2020 16:18

Roll on being debt free and +50p

[brasso3] 20/2/2020 15:23

Buys at 27p now.