Hummingbird Resources Share Discussion Threads

[plat hunter] 09/12/2020 08:13

You are an idiot terrier, what exactly is your point then?

[borderterrier1] 09/12/2020 00:03

Kennyp52 You cannot get cashflow wrong? Of course you can't Kenny. What a ridiculous suggestion! Who suggested that?

[kennyp52] 08/12/2020 23:00

Polaris .. how can outperforming guidance be a disaster ? POG increase compensating lower “Covid” impacted production . You just sound like a desperate deramper looking for an even cheaper entry than this undervalued share price . Production issues resolved moving forward and new license ... but you say sell , sell , sell . 🤣🤣🤣

[borderterrier1] 08/12/2020 19:29

Plat Of course. Silly me. What a super smart guy you are Plat. I'm sure you will be correct with your 10 bagger prophecy here.

[polaris] 08/12/2020 19:15

What a disaster that is. HUM will only outperform upper guidance by 15 % or so. It's missed the production guidance so that outweighs making more money than forecast... Sell, sell, sell.

Just in case anyone out there thinks i am being serious then please read the few lines again in the most sarcastic voice you can muster.

[plat hunter] 08/12/2020 18:27

What.. are you mental or something?Tim Huskinson and BDO UK LLP

[plat hunter] 08/12/2020 18:18

I think you're right actually..1050 probably more realistic so adjusted on that basis takes 10 million off and leaves us with an EBITDA of circa 73.4 million

[borderterrier1] 08/12/2020 18:02

Plat Hunter Question for you:- Who audits the accounts?

[laurence llewelyn binliner] 08/12/2020 17:59

With just 3 weeks to go to FY, we will end up on or around the below as I see it:

Q1 AISC 875/oz | sale price 1568 | margin 693
Q2 AISC 998/oz | sale price 1663 | margin 665
Q3 AISC 1283/oz | sale price 1919 | margin 636
Q4 AISC 1100/oz | sale price 1880 | margin 780 estimate
FY AISC 1064/oz | sale price 1757 | margin 693 estimate

Estimate 103-105,000 ounces | EBITDA USD71.4 - 72.7M, and well ahead of projections.

The Kouroussa permit could land any day pre year end too.... :o)

[plat hunter] 08/12/2020 16:34

No thanks, that's something I take from the audited accounts rather than BB gossip

[borderterrier1] 08/12/2020 14:56

Plat. Type "cash flow" into the "search this thread" box and see what comes up. Go back to 2014 and see what the predictions for this share price were back then. I guess the investors that made those predictions seven years ago were all wrong? BTW HUMRF dropped 10 % here on the NYSE this morning. Impressive stuff eh?

[borderterrier1] 08/12/2020 14:11

Plat. You are joking, right? Please read all the posts where others have pointed out gray areas. Lots of those I'm afraid.

[plat hunter] 08/12/2020 14:09

Can't lie about cashflow

[borderterrier1] 08/12/2020 14:05

Plat. I did and I always do. But most "research" is futile because AIM companies are notorious at manipulating their books.

[plat hunter] 08/12/2020 11:20

Fag Packet CalcsOunces poured 103,000 for the full year 31st Dec 2020 v Top end guidance of 125,000AISC of 950 v guidance of 850Average Gold Price 1760 v guidance of 1350Forecast: 1760-950*103,000 = 83.4m EBITDA2020 Top End Guidance:1350-850*125,000 = 62.5m EBITDAEarnings 33% greater than guidance

[plat hunter] 07/12/2020 22:51

200 mda 31.29

[bikwik] 07/12/2020 18:36

Hmmmm......golds looking good. Good report on Sunday from Jim Curry....


The report 6th December.....


So its gunning for the upper 20-day cycle band.....as per his text...

"For the very short-term, however, even with our minimum 20-day moving average magnet having been met, there is the potential for additional strength in the coming days. That is due to the fact that a tag of the upper 20-day cycle band will also normally be seen during the upward phase of the 20-day wave. On this 20-day chart, you can see our upper cycle band to be the 1876 figure (and declining)."

That is the futures price, so spot has today tested $1868, so its basically there. Maybe then a pullback very soon to follow as he says, though personally i'd be surprised to see it retest last Mondays low of $1765....the key 50% retracement level (well within a dollar!).

Better than a 50/50 chance a major correction is in place. He is looking for the 72 and 154 day cycles to bottom the middle to later this month. Poss that the low of those cycles won't be represented by a low in the price, so i'd say $1765 was the bottom.

The weekly coppock indicator is VERY close to turning up from well below oversold. Currently it has levelled out this week after falling for 12 weeks. If gold can close this week over say $1870-$1880 we might get a major buy signal for the upleg that goes to record highs.

See my posts 3329 (Coppock) and 3332 (Gold has left the station).

Lastly Hummingbird......

Very interestingly the day that DAN came out with the trading statement that took the price back to 27p was exactly 89 days from the high of 42p.....the run up to that high from the March low was also 89 days......So 100% IN TIME TERMS. Plus of course exceedingly close to a 50% retracement of the bull swing from the June 2019 low of 12.375p and the late July high of 42p.

I'd like to see a daily close over 31.50p to take out four days of resistance which would also cut the near term downtrend.

Everything gold is looking VERY VERY good. Just need to navigate any near term setback, if it happens, first.

Good luck to all those long of HUM and gold!!

[dickbush] 07/12/2020 16:31

Topped up with two 20k's and one 3k, all at 28.75. All marked as sells.

Gold price up $27 despite a steady trade weighted Dollar. Democrats and Republicans going to agree a stimulus package?? Not much info on the Georgia races but what there is shows a small advantage to the Dems. That would be a positive. More stimulus likely with the Dems in charge of the Senate.

[new_buyer] 07/12/2020 16:17

Patiently waiting, brilliant. Thousands of negative posts from the first day till this, only one agenda and that is to deramp, pure and simple.