Hummingbird Resources Share Discussion Threads

[plat hunter] 10/12/2020 14:20

Millions of jobs have and will be lost anyway.

[aimsurfer] 10/12/2020 14:18

Gold seems to be fluctuating relative to the US stimulus talks. Whether it happens this week or not don't think matters. It will definitely happen or millions in US losing their jobs.

[bikwik] 10/12/2020 14:06

Depends on your strategy. Personally, if it doesn't go back to 27-28 that's fine as I already have a position. I like this stock as many do. GLA

[plat hunter] 10/12/2020 14:00

If people were saying the same thing as me six years ago when there wasn't even any mining or earnings, then I can safely say that they are not as smart or as well informed as myself.

[plat hunter] 10/12/2020 13:44

Parabolic SAR switched position today to support, with a stop loss at 26.10


Currently trading at a PE of 2.72 with Q4 & YE results coming in 30 days... Is it worth trying to save the equivalent difference of a couple of ticks in the spread, versus the potential re-rate to 10x earnings on such a low liquidity stock?

[borderterrier1] 10/12/2020 13:23

Plat Hunter You seem to be ignoring the FACTS here for your own personal agenda. Smart, well informed investors like you have been saying EXACTLY what you're saying about this for over six years. That's a FACT. The share price NEVER moves much above 40 p. But I'm "poorly informed and clueless?" Really ?????? And BTW, you are absolutely right to envy me. It's 78 degrees here today and FABULOUS weather. I'm going fishing.

[bikwik] 10/12/2020 13:23

Gold's seeing its forecast pullback. More likely to test $1800 before it clears $1875.
Still think $1765 will hold. Then a fresh advance that takes out $1875 and over $1900. See Jim Curry's cycle analysis....he's good.

Had a look at the daily MACD histograms for all the uk listed gold and silver producers. All are in overbought territory and now rotating down, so personally I wouldn't buy any just yet. The only one that's moving back into buy territory is GFM, but that's predominantly a Zinc producer. Has some gold and silver production. Looking at the chart of HUM it looks like it needs a further drop back before its ready to start a decent rally (over 31.50p will set that in motion).

We all know its dirt cheap, but as we all know the market moves in mysterious ways! Im waiting to buy some more if it hits 27p to 28p.

[plat hunter] 10/12/2020 10:32

Oh dear, very poor Border.Poorly informed and not very sophisticated to boot. I envy people like you Border, absolute clueless and ignorant bliss of things around you, must make life a lot easier

[plat hunter] 10/12/2020 10:31

Sorry wrong board

[plat hunter] 10/12/2020 09:55

Oh dear, very poor Border.Poorly informed and not very sophisticated to boot. I envy people like you Border, absolute clueless and ignorant bliss of things around you, must make life a lot easier

[dickbush] 10/12/2020 07:59

Anyone want to play with some more numbers?

Before the Dugbe deal, Pasofino Gold (aka Enforcer Gold) was selling for 3 1/2 cents Canadian at its March low. You can make your own assumption about where VEIN shares would be selling now without the Dugbe deal, I've assumed it would be up 2/3rds now i.e. to 6cents. At the current share price of 19 cents that leaves the 49% of Dugbe they own worth $C37.2mil. That means HUM's 51% is worth $C38.7mil i.e. £22.7mil. That'sa pretty big chunk of HUM's market value. So, all those p/e and EV/EBIDA calculations can take a significant downwards adjustment.

If you want to play with different assumptions, help yourself.

[borderterrier1] 09/12/2020 20:41

Plat. I know you are but please don't apologize, you obviously can't help it. Lots of "shrewd investors" have made exactly the same mistakes you're making here. You'll learn.........eventually.

[plat hunter] 09/12/2020 19:11

Lol what a clown

[borderterrier1] 09/12/2020 18:29

But then, so did multitudes of others. I guess we're not all as smart as you. I am happy to wait another 5 years for when this is trading at 10p. Meanwhile I will stick to gold miners that give (as Ceo Del Boy promised us all waaaaaay back in 2015) "shareholder value." I guess he's a gold minor, not a gold miner?

[plat hunter] 09/12/2020 17:51

50 million a year earnings.Why that's a 1 billion company on sale for 100 million

[plat hunter] 09/12/2020 17:48

It means you paid too much, to early clown

[borderterrier1] 09/12/2020 16:03

Irrelevant. You smart guys make me laugh. After six years the share price is going steadily down and neither the Ceo or bod care. What don't you understand?

[plat hunter] 09/12/2020 14:40

What was the fcf in 2014 Border

[borderterrier1] 09/12/2020 14:20

SP December 8th 2014 0.60 USD
SP December 8th 2020 0.41 USD
Cash flow? I wonder where it's flowing to?

[chipperfrd] 09/12/2020 12:32

Too true Polaris!

[plat hunter] 09/12/2020 10:27

Would be unusual for me to miss sarcasm lols.I've seen the issue too with goldies, it's been industry wide. BOD's have had a lucky escape this year imo.They need to start under promising imo

[cinoib] 09/12/2020 09:31

See we are dragging our feet again inspite of the recent rally in gold, which in my book has further to go before the year is out. Come on Hum get your skates on or get some pills down yha.

[sleveen] 09/12/2020 08:21

Bought in a few days ago on the "bad " news.

Provided POG remains at current levels HUM should do well next year.

[plat hunter] 09/12/2020 08:18

I think you misread that post Kenny lols