Hummingbird Resources Share Discussion Threads

[new_buyer] 27/2/2020 16:15

Maybe the II’s are not unhappy with the job Dan is doing? If they were unhappy you’d expect they could have acted by now.

[avsome1968] 27/2/2020 16:12

Totally agree up $100 on gold from 2 weeks ago, be happy if it stays $1650 all year.

[bo doodak] 27/2/2020 16:07

Have they no self respect....sadly, it would appear not.

[ukgeorge] 27/2/2020 16:04

BT the problem is shareholders can basically do nothing the management can steal 5% of the company each year through options. So even though the company hasn't made a penny of profit yet Dan can skim £1M out of the company each year.

It is a shame the institutional shareholders do not oust him

Best scenario is another gold company comes in with a bid.

I still think the share price should rise from here.

[avsome1968] 27/2/2020 15:42

Hi BT did you sell it hit your 30p target.

[avsome1968] 27/2/2020 15:42

Gold taking off again.

[borderterrier1] 27/2/2020 15:05

Thank you Del Boys wife.

[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