Hummingbird Resources Share Discussion Threads

[pireric] 29/4/2020 17:56

Almost bought in today. The >$25m of net payables over receivables put me off as that's as good as debt from an EV perspective. Need to re-run some calcs

[ukgeorge] 29/4/2020 17:05

I hope they start share buy backs asap. Worked very well at TSG.

What a nice RNS that would be, net debt free and share buy back initiated.

[laurence llewelyn binliner] 29/4/2020 16:55

The seller will clear 1 day, they are only passing their shares from the impatient to the patient, and I want to see those dividends from 2021 after we are declared debt free.. :o)

With a bit of luck, net cash positive next month is the 1st milestone..

[andrewsr] 29/4/2020 14:28

If only we could be rid of the pesky seller(s)...(must be a significant holder with the steady flow of large chunks?)..we'd have a realistic share price to match the cash flow..

[borderterrier1] 29/4/2020 13:43

I agree 100%. I posted the above to prove a point. I'm a long time stock trader and this ain't my first rodeo. Unfortunately, speaking the truth isn't what some like to hear on this forum because this stock defies logic. Good luck with your investments.

[techandy] 29/4/2020 08:09

Hummingbird didn't sell any shares - the reduction is % holding is due to the recent fund raising by Cora which HUM didn't participate in.

[avsome1968] 29/4/2020 07:53

Hum reduced {sorry} 6% coro gold stake hmmmmmmmm wonder why I thought they might buy them out once they proved up resource update.

[avsome1968] 29/4/2020 07:49

BT

I like to here both points of view and you've not been far wrong, hopefully long term investors will get the rewards for being so patient,I see light at the end of the tunnel now, if hum cant make it with gold price this high next 12 months time to move on all the best AV.

[borderterrier1] 29/4/2020 02:28

avesome1968. Remember I told you some time ago that my best stock was Axsome therapeutic? $16 to $106 in a year and after the markets recent drop, it went from $55 on 3rd April to $96 on April 23rd. And these guys think I have a confused mind???

[borderterrier1] 28/4/2020 21:19

kennyp52 If I remember correctly, over many months you and many others have been convincingly posting great things and glowing reports about where this was going? You were wrong. How's that for boring? Don't vent your frustration on me, as a shareholder I have as much right to post as you do. The difference is, I'm realistic.

[borderterrier1] 28/4/2020 16:32

seagreen 60p one minute? This? Are we talking about the same company here? And you think I have a confused mind...........mate? BTW the link you provided doesn't work.

[seagreen] 28/4/2020 16:08

hxxps://www.mind.org.uk/information-support/types-of-mental-health-problems/schizoaffective-disorder/about-schizoaffective-disorder/

Might help explain why one minute its 60p next minute its zero in you're confused mind....utter ramblings of a mad man ...

[borderterrier1] 28/4/2020 14:39

sandeels Are you in politics? Fake news? I think you will find the "garbage" I spout always turns out to be correct? You guys get upset because all the calculations, re rate predictions etc. with this unfortunately just don't happen, then you vent your frustrations. Sorry, but that's a fact.

[sandeels] 28/4/2020 14:26

Guys, just forget BT, if everyone moved to the moderated board he could spend all day spouting garbage to himself, job done.

[bigglesbingham] 28/4/2020 13:10

People going into riskier assets on optimism as opposed to safe havens like gold

[temujiin] 28/4/2020 12:08

Thought we weren't doing BT stuff on here. He's filter, I only see comments about him.

[new_buyer] 28/4/2020 11:48

techandy as always your insight and posts are very much welcomed!! Back below 20p soon I believe you predicted!!

[techandy] 28/4/2020 09:08

Getting battered this morning though!

[dickbush] 28/4/2020 09:01

I'm reading that the gold price decline to circa $1,700 is due to the opening up of various economies. I don't see the connection.

[ukgeorge] 27/4/2020 17:40

Closed at a 20 month high today and this morning was surely a taster of the breakout that must be on its way. Maybe tomorrow the resistance is cleared, I think a sharp spike higher will be followed by the standard retrace then a steady rise to 40p. Q2 results in a few months will fingers crossed push the share price above 40p.

[ukgeorge] 27/4/2020 11:13

Seems to be lots of stale longs selling, fingers crossed by the end of the week the 30p mark is breached and holds. Then the next hurdle will be 40p where again I would think there will be lots more stale longs. Then fingers crossed it will be fresh air and little resistance after that.