Hummingbird Resources Share Discussion Threads

[kennyp52] 19/3/2021 10:26

It’s all your fault BT ... when you bought in we all thought it was a good thing 🤣

[borderterrier1] 18/3/2021 19:20

And I'm becoming more and more convinced that BT is who I suspect. Who else would have the audacity to say:- "Your shares are only worth 50% of what you paid for them because YOU BOUGHT AT THE WRONG TIME". I'm not you're running the mine, you are Correction...you're not running the mine. Pay me 1/2 your salary, I will come out of retirement and show you how to do it. Don't worry, I'll keep you on as the tea boy......but I guess you would quickly find a way to screw that up.

And if anyone wants a good laugh, look back at some of the posts on here from December, January and February from Plat the Prat, Tones77777, BushyTailed etc. I hope your faces are scarlet and they should be because (as the current share price proves) it is absolute, unadulterated HOGWASH, all of it.

[borderterrier1] 18/3/2021 12:43

deme1 Yes I agree. Strange how BushyTailed the Buffoon tells us all confidently this morning on the LSE bb "This will fly". And yet all the "professionals" out there recommend a "Strong sell" rating isn't it?

[deme1] 18/3/2021 12:09

put your money into a company making money.

JLP would be a good start, you know the one Plat hunter (the guru) sold out at 5p because it was rubbish.

LOL

[danieldanrichardson] 18/3/2021 10:49

Morning Plat ;)

[roguetreader] 17/3/2021 12:43

Cheers Knightsfx

[ukgeorge] 17/3/2021 12:35

Resource update before end of the quarter.

[knightsfx] 17/3/2021 12:22

Bw Business News: Dan Betts, CEO and Murray Paterson, Chief Geologist of Hummingbird Resources

[ukgeorge] 17/3/2021 11:38

Basic maths must be your strong point...... 17-10 = 1.

[plat hunter] 17/3/2021 11:19

That was within in one minute, it's like having my own puppy lol

[ukgeorge] 17/3/2021 11:17

Prat you are the one who seems to be very worked up about this company. These are a couple of % of my portfolio. You've by the sound of it put too much on the line and can't handle the growing loss. Are you down a couple of hundred pounds now?

Just so it is clear you are a moron.

[plat hunter] 17/3/2021 11:01

Not true John,Someones personal information, extends much more than just a name on a register. Besides when you have people like george, border, hum united who thinks tha Yani has a LOM of 4 years or that the BOD are responsible for share price and that they "Need 10% so they can oust Bets" is more repsentative of the level of sophistication, understanding and imagination of the trolls and cult like institution of the HUM message board

[johnhemming] 17/3/2021 09:30

>People should certainly think twice before sharing any personal information with this group.

In theory shareholdings are a matter of public record. There are, of course, difficulties when there are nominee companies involved.

Sometimes regulations require that people declare their shareholdings (over 1% for a takeover situation and over 3% otherwise).

[plat hunter] 17/3/2021 09:01

Keep trying George

[ukgeorge] 17/3/2021 08:31

If Hum united can get the company to improve its communication skills it is undoubtedly a positive.

As this is the Aim market they do not need to provide as much detail as on tsx or asx, but they should. I think it was Q3 where they suddenly reduced the amount of data on the processing rates and grades. Most companies on a quarterly basis provide, ore mined, waste mined, ore processed, and grade. This gives much more transparency. Again on asx tsx it is mandatory for a company to publish the feasibility study this would give people a better idea about the mine plan, and help explain when costs increase, which has happened now with the high strip ratio and lower grade ore.

[plat hunter] 16/3/2021 19:28

100% John... share ideas, discuss the company, even coordinate your trades if you want. But that doesn't detract from the fact that this current hum united group is potentially harmful. Misinformed and clueless as demonstrated from my very factual posts this afternoon with links to actual legislation. It's pretty clear what they think they want to try and do, however they are not fit to be in a position of advice imo. People should certainly think twice before sharing any personal information with this group.

[johnhemming] 16/3/2021 17:35

>If you sign upto this hum united thingy malarky, you're an absolute clueless mug.

I think it is a good idea for shareholders to talk to each other - other than via online fora such as ADVFN.

The group of shareholders that I am part of are not taking any position other than it is a good idea for the company to talk to shareholders.

As it stands I take a more positive view about the management of the company than many. I think they have done a good job to develop the company so that it has a number of revenue sources potentially all independently cash flow positive.

However, I am always happy to talk to other people who have an interest in a company in which I am a shareholder depending upon the time commitments.

Plat Hunter - you and I post on other threads on ADVFN and it is clear that this company is doing a lot better than others where we are posting. I do think this has a lot of potential, but it will always depend substantially on the POG.

[plat hunter] 16/3/2021 13:20

Ergo, given that the companies trades at a substantial discount to book value, the most equitable solution would be to wind up the company unless HUM united can find 72 million quid between them.I very much doubt anyone here has a succinct enough argument that'd convince the bod or a crown court to either replace the bod or wind it up.Like all scams they rely on being absurd enough that only the less sophisticated and disenfranchised apply.

[plat hunter] 16/3/2021 13:13

The Companies Act 2006 gives specific statutory protection to shareholders against unfair prejudice.Under Section 994(1) of the Companies Act 2006, a company shareholder may petition the court for an Order protecting him from unfair prejudice on the ground:(a) that the company's affairs are being or have been conducted in a manner that is unfairly prejudicial to the interests of shareholders generally or some part of its members (including at least himself), or(b) that an actual or proposed act or omission of the company, (including an act or omission on its behalf), is or would be so prejudicial.The remedy that is most often sought under a Section 994 Petition is that the other shareholders buy their shares for a fair value.However, this is not the only potential outcome of a Petition because the court has complete discretion as to the remedy it grants. As an alternative, it may make an order that the minority shareholder purchases the majority shareholding. It can order repayment of any monies found to have been wrongfully taken out of the company by those in control of it and, as a last resort, the court has the power to wind up the company on just an equitable grounds.As an equitable remedy, this will only be granted if the applicant who is seeking it has had no part in the matters that he complains of. This is called coming to the court with "clean hands." In general, an order for the winding up of a company is such a draconian measure that it is treated as an order of last resort. Further, such an order is only made on this type of application where there will be enough funds following the payment of any company debts to distribute amongst the shareholders once the company has been wound up.

[plat hunter] 16/3/2021 10:53

George there in lies the obvious answer.Perhaps I'm not stupid enough to have been here for as long as the premature wingebags who don't know what they're doing.I'll even help you out with a link....Https://www.jacksonlees.co.uk/protection-minority-shareholders