Hummingbird Resources Share Discussion Threads

[qs99] 22/2/2020 09:49

Think this should be materially through 30p at this POG IMO...as people have pointed out above, this POG should allow HUM to de-leverage even quicker.

DYOR, but certain golders are nicely operationally leveraged and HUM is one...

[aim999] 22/2/2020 02:40

Hum should cream it from here if the POG holds up or goes higher. With a margin of approx $800 =$24m per quarter...every $80 increase in the POG is a 10% increase. If $2000 POG comes that's an extra $10m per quarter..... the current valuation is bonkers...... fill ur bags

[cinoib] 21/2/2020 17:47

Was that a late reported sell I see at the end as no where to be seen on the trades 4a50k at a tad over 27 looks like a sell.

[glennborthwick] 21/2/2020 16:58

ignore link above, scambot in operation

[laurence llewelyn binliner] 21/2/2020 16:36

Long way to go here... the share price was 35p before without the new plant ball mill, and with USD1250 POG, the debt is coming off at a rate of USD2M a month, and we have USD1650 POG to sell into, net free late 2020, debt free mid 2021.., and a maiden dividend will be some where between the 2 events.. :o)

Then where will the share price be...? 100p...?

[bittorrent] 21/2/2020 16:24

Thanks zhockey and casual47 for your replies.

[zhockey] 21/2/2020 16:12

Looks like 1650 is going to give some resistance.

[new_buyer] 21/2/2020 15:42

Little flirt with 29p then back to 28p! A good week that’s for sure.

No change of management or BOD, still so many options to hopefully be put in play but the increase is probably due and down to good solid fundementals and hitting targets and taking no stupid risks, well done Dan, credit where’s its due (finally).

[avsome1968] 21/2/2020 15:41

will be back with his break even price 30p he promised, he deserves to make a few bob for how long he's been invested here.

[avsome1968] 21/2/2020 15:39

Last top up for me 23300 gold just hit 1650 extra 3m income new support 1610, hopefully more to come next week, be amazing to see it breach 1700oz next week.

[avsome1968] 21/2/2020 15:35

BT still here will be back when 30p breached. I had a small top up 23300 shares that's me lot

[bubloo] 21/2/2020 15:31

where is our friend borderterriare disappeared

[ukgeorge] 21/2/2020 15:13

I think there will be plenty of buyers happy to pay 27p. I would think a move above 30p in the next couple of weeks can now expected as long as gold prices hold up

[techandy] 21/2/2020 15:09

Dragging it back to the opening price by the looks of it

[the deacon] 21/2/2020 15:05

$1650 gold. It beggars belief why anyone would sell this right now...

[cinoib] 21/2/2020 14:14

Hands up, who sol and dropped the share price back, obviously someone only in for a quick buck. Personally I would sell all mine on Monday if we hit 50p by then, but some how I think will have to wait 4-6 months depending on p.o.g. of course. Some say $2200 by next year, well we shall see.

[dudishes] 21/2/2020 13:52

G'day Seagreen (Charlie), so we find ourselves in cahoots for once. I switched from junior partner to here months back

Can you give a gracious synopsis without a sermon?

Bought this at 21/22/24/25.

Thars gold in em ills eh!

[the deacon] 21/2/2020 13:42

I highly recommend some of Sprott Money's podcasts. Excellent weekly analysis and discussionin their weekly roundup podcast

[zhockey] 21/2/2020 13:41

Surely Trump is odds on now?

[dickbush] 21/2/2020 13:38

Goldman Sachs looking for $1850 if the virus infection continues to spread.

Gold has typically done well when the Trade Weighted Dollar is weak. As it is knocking on the door of a cyclical high, I think we can take it that gold IS virus driven. On the other hand, if Bernie Sanders looks like winning in November I think we are going to get some help from the Dollar.

[zhockey] 21/2/2020 13:24

Is Cora going to catch a bid at some point? Looks a massive bargain at arround £4M mcap

[casual47] 21/2/2020 13:22

Both gold and the dollar are safe havens against risk.

It is a myth that the dollar and gold are as a rule inversely related.

When risk is high they move in lock-step. When risk is low they tend to move in opposite direction. This relationship is further complicated by negative interest rates and stimulus.