Hummingbird Resources Share Discussion Threads

[ukgeorge] 07/5/2020 14:51

Wassapper, I said company AISC.

The number you state is minesite. Which excludes many other expenses. Using the company level is far more useful IMO and helps to explain the under performance of the share price.

[wassapper] 07/5/2020 14:40

Just to correct UKGeorge who does, for whatever reason, like the odd (un)subtle deramp from time to time, as per the last ops update (just scroll up to the news), US$875/oz AISC in Q1 2020 (US$839/oz AISC in Q4 2019). That's over $800 an oz of nice little cashflow.

Hope that minor correction is OK with everyone incl BT (who I have had blocked for years now so don't even bother)

[oohrogerpalmer] 07/5/2020 14:30

Then it's time to sell up BT.
Try WSG , sure they will give you a good return on your money inside a week.

[borderterrier1] 07/5/2020 13:57

UKGeorge I agree. Because of all the "info" and hype with this, I sold Acacia to come
here. Big mistake. IMO this lot are a bunch of chancers.

[ukgeorge] 07/5/2020 13:51

It does feel like a lot of opportunity cost holding these. Centamin up massively recently similar with hgm, tsg, waf etc I feel sick when I look at poly (sold some at £6). Roll on Q2 showing continued good fcf.

The company AISC is around $1100 by my calculations so should make $16.5M with gold at $1,700 this quarter. Roll on a dividend or share buy back.

[oohrogerpalmer] 07/5/2020 13:38

Well over the last month I've invested the hum money in -
Avct, Wmh , 888 & Wsg.
60% up so far & I wished I had done it earlier . BUT as we all know hindsight is s a wonderful thing.
Good luck.

[borderterrier1] 07/5/2020 13:30

Kadavul on the LSE bb. Yes, correct, here in the US on the NYSE HUMRF yesterday went up 20%. But because of lack of interest and low volume the spread difference between bid and ask is huge, 32c to sell and 40c to buy. Another reasons why I won't sell.

[casual47] 07/5/2020 13:05

Yikes. That was rather bold of them.

[ukgeorge] 07/5/2020 13:01

hxxps://www.uploadlibrary.com/SPAngel_JohnMeyer/Bushveld_Q4_Operational_Production_Update_January_2020.pdf

Many

[casual47] 07/5/2020 12:53

Has anyone ever seen a broker give a target that is 100% above the share price? If it does happen it can't be often. The brokers aren't mugs. They will push the target price as far as they dare but not further. While they all state the target price is where they expect the shareprice to be in the next 12 months, in reality it's just a holding price until the next opportunity when they can issue a new updated target, e.g. after annual results or interim etc. That is, assuming they are still retained by the company as broker and get paid for it.

[goodgrief] 07/5/2020 12:50

Betts have plenty of Hummingbird SMO 1oz coins in stock. Surprised they've not sold out.

[ukgeorge] 07/5/2020 12:49

Brokers are paid to be bullish so if anything the 47p target is a bit worrying as it is so low. I hope they announce being net debt free.

[seagreen] 07/5/2020 12:47

prefer not to see the swarm of fruit flies but it does seem a tad low ....Gollum would be doing his nut with all this gold being mined.........even me old mucker Dudishes can see the mathematics from his sunny villa if gold continues or even drops a tad....no need to ramp just sit on the hands and be patient....

[chipperfrd] 07/5/2020 12:44

SharePad quote a target of 47p from two brokers with buy ratings.

Stockopedia have a target of US$0.56 with two brokers on a buy and one on a strong buy.

Frankly, I tend to place little value on broker ratings as they are rarely negative!

[the deacon] 07/5/2020 12:42

Couldn't agree more, but they're model is to target a quick 30%

[casual47] 07/5/2020 12:36

40p seems a bit of a stupid price to sell at if buying at up to 33p and with gold continuing to strengthen from $1690/oz...

I think just about anyone on here could write up a better analysis...

[the deacon] 07/5/2020 12:33

I certainly think so.Widespread opinion (including that of HSR) is that gold continues to move higher over the near term. Fact of the matter is HUM is throwing off plenty of cash at current gold price, and anything higher just makes the valuation even more daft.

[westmoreland lad] 07/5/2020 12:33

Where else is better to move onto Roger ?

Just been tipped by Hot Stocks Rockets 28p ---------> 40p. IMO the patient LTHers
are about to reap their rewards. Good luck with your 'move on'

[casual47] 07/5/2020 12:19

" on the gold situation continuing to strengthen over the coming months"

1690$/oz isn't enough to see this go to 40p+?

[the deacon] 07/5/2020 12:05

Tipped by Hot Stock Rockets"...at a current 28p offer price and up to 33p, targeting 40p+ to sell on the gold situation continuing to strengthen over the coming months, buy."

[oohrogerpalmer] 07/5/2020 12:05

Just popped in to say bye (not buy)
Sold my last 20% in Hum and moving on.
Really hope everybody's patience gets rewarded.

[new_buyer] 07/5/2020 11:23

Dan operationally things going smoothly at the moment, breakout could be at any time now, fingers crossed!

[the deacon] 07/5/2020 11:10

Some increased talk about HUM on the US and Canada discussion boards last night. It's clear HUM is a laggard when you look at production levels, production costs and attributable revenue. The value proposition is getting noticed

[dan_the_epic] 06/5/2020 21:43

It does appear to be on the brink of a 2 year breakout. Fasttracking more of my own research