Hummingbird Resources Share Discussion Threads

[borderterrier1] 27/2/2020 13:22

UK George. They already have. Please read the top 20 posts on the LSE bb. All markets thrive on fear and greed. Unfortunately, while there are punters like you that "buy on the dips" because they expect this to head N, this Ceo and shower of "management" are reaping rewards that they don't deserve. You will be able to buy as many shares as you want at 15 p soon. Carry on.

[ukgeorge] 27/2/2020 12:37

hxxps://polaris.brighterir.com/public/hummingbird/news/rns/story/r7npn1w

Trying to be positive but the "incentive plan" is still pretty disgusting

Having said that I hope they achieve the targets.

[ukgeorge] 27/2/2020 10:41

Added a couple more 25k @25.995p :)

[ukgeorge] 26/2/2020 16:26

25.5p
Market Cap is £90.2M or $118M
Debt at End 2019 was $40M
EV = $158M

If 2020 is good
120koz Margin $500 = $60M tax 30% leaves $42m

Current PE 3
Debt free in a year

Seven year mine life

Roll on hitting production targets and gold holding up

[seagreen] 26/2/2020 16:09

time to add some golden wonder ...cheap as chips....if you can keep the packet closed as they are yummy

[techandy] 26/2/2020 15:27

It will end red....already dropped below 200 points!

[cinoib] 26/2/2020 15:03

Dow up over 300 and we,, down 1 no sence it that at all, but normal I suppose.

[glennborthwick] 26/2/2020 11:58

just picked up a few more.

[aim999] 26/2/2020 11:52

Hold tight ... cash flow will do the talking

[qs99] 26/2/2020 11:22

why would it hit 20p unless operational issues? POG holding up well, IMO it will start heading North again soon given increasing virus impact....DYOR but 6 weeks time should tell us how the company is doing and hopefully how much hay it is making!!

[avsome1968] 26/2/2020 11:14

20p will be adding if it reaches that, but I doubt.

[ukgeorge] 26/2/2020 11:06

Just added 10k @25.49p

Might have a few more later :)

[techandy] 26/2/2020 11:02

I did comment on the lse that the way the markets are falling I can see this dipping back below 20p!

[avsome1968] 26/2/2020 10:49

Amazed why the selling today 1Q results in 6 weeks up further $90 oz DYOR

[avsome1968] 26/2/2020 08:31

Gold on another run $16.48

[avsome1968] 25/2/2020 21:34

Spot gold price action looks like it is taking a breather now considering the precious metal is lower on the day by about 0.5%. Catalysts for today’s modest dip are limited when taking the theme of widespread risk-aversion into account, which typically bolsters bullion.
The small pullback in spot gold prices today also seems peculiar in light of the spike in volatility and US Treasuries. There is generally a strong positive correlation between the price of gold, US Treasuries and volatility.
GOLD PRICE CHART TECHNICAL OUTLOOK

Chart created by @RichDvorakFX with TradingView
That said, the latest bit of downside in gold might be driven by healthy profit-taking and unwinding of long positions after the precious metal skyrocketed to its highest since January 2013 yesterday.
Gold prices appear to have found initial technical support around the $1,635 level and 23.6% Fibonacci retracement of the commodity’s most recent bullish leg. This area may have potential to keep bullion buoyed going forward before a retest of the $1,600 price level might be considered.

[avsome1968] 25/2/2020 21:08

Could go back to that 60k buyer at 26p to load a few more up.

[ukgeorge] 25/2/2020 14:21

Fall a bit further i want some more :) 26p or better still 25p

[kennyp52] 25/2/2020 09:10

Every week that goes by with POG where it is and has been pays of a load of debt for HUM so the fundamentals will be looking very good on the next financial RNS . It may take that to get this share price going . IMHO gold price is going to stay high for some time . The virus will take months to control and in the meantime interest rate cuts all over the world will probably be used as stimulus whilst the supply chains are interrupted. Good luck .

[avsome1968] 25/2/2020 08:57

Well said I wouldn't buy no more here, couldn't help myself just added a few more, cant see too much more downside, gold on its way back up.

[zhockey] 25/2/2020 08:24

Great news out at Cora.

[aim999] 25/2/2020 07:40

I doubt it .... a lot more legs & remember everyday isn't up in a strong bull market. I think POG has been up for 21 days straight