Hummingbird Resources Share Discussion Threads

[lowtrawler] 14/7/2021 08:10

GP, if the shares were issued yesterday, there should have been an RNS. Last week's RNS only said on our around the 13th and so we need an RNS to confirm the actual event.

[plat hunter] 14/7/2021 08:04

That's a good start, let's go

[golden prospect] 13/7/2021 22:43

IF stalker is wanting to get mkt value up on VEIN then perhaps he should get HUM to reverse into it!
Interesting to note HUM website now showing 392m ords,
but no revisions to %s in existing major holders or new names.

[golden prospect] 13/7/2021 22:32

Great update on VEIN (Pasofino Gold) re HUM project
Crux interview

[plat hunter] 13/7/2021 20:43

I wonder what happened to gold in the 80's

[plat hunter] 13/7/2021 20:41

I have more gaps on mine GP Https://www.tradingview.com/x/Vney7h0J

[golden prospect] 13/7/2021 16:38

free stock charts from uk.advfn.com

[plat hunter] 13/7/2021 16:33

What's next then, the gaps at 19.5 and 19 respectively perhaps?

[golden prospect] 13/7/2021 16:00

Gap is filled 20-20.5p at 20.25p

[lowtrawler] 13/7/2021 14:33

As you enter a period of high inflation, industry and employment always do rather well: High demand fuelled by excess money leads to higher employment and more production. As industry struggles to keep pace with demand, prices increase. Wage inflation takes hold which generates further price increases and so the vicious circle begins.

There is still a pretence current price inflation is temporary. At some stage, the penny will drop and markets will start to price in inflation. When that happens, gold will benefit. Patience is all we need.

[dickbush] 13/7/2021 13:58

Dollar Index up 0.45% on the back of the surprisingly strong CPI numbers, putting pressure on the gold price. Presumably, the thinking is that interest rates will rise first in the USA.

You can't have a strong Dollar and higher inflation than your competition for an extended period without seriously impacting competitiveness e.g. 1984/5.

[johnhemming] 13/7/2021 13:44

USD real yield is still negative

[dickbush] 13/7/2021 13:39

US CPI in June +0.9% and +5.4% y/y. Core CPI +0.9% and +4.5% y/y.

[plat hunter] 13/7/2021 09:42

So long as it closes on the gap fill, unlike Fridays near miss.Gazillions of gaps to look forward to on the upside though

[golden prospect] 13/7/2021 09:40

Market appears to be having fun with a low-volume gap fill, almost done.

A flash drop on the bid at 19.75p should do it! (say 19.75 to 20.75)

Or better still 20.1 to 20.4 !

[charlieeee] 13/7/2021 08:22

Gold looking good today, but what we need is a steadier POG to turn the Yanfolila duck back into a swan.

I do wonder why the company did not hedge at $2000 last year or even $1900 more recently. With the promise that production will be better in Q2 (and improving again into H2)consequently reducing AISC, it would give reassurance that we will meet any cash portion of Kouroussa funding out of cash flow.

Others will argue that we should have full exposure to gold, but that would come with Kouroussa on stream in the not too distant future.

As we all know, being too greedy is rarely a winning strategy.

[borderterrier1] 12/7/2021 17:19

Oh look! Down again today? There's a surprise! And bonker99:- "Smoke and mirror shenanegins?" How DARE you suggest such a thing!!!!! ??? Don't you know that when gold goes up, this ALWAYS goes down? What an idiot you are! Plat Hunter knows where this is going, ten bagger at least, he will show us all how to do it....won't you PH? Sorry Plat ol' bean, you lost, we ALL did with this, except Del Boy and his dream team of management of course. And lowtrawler says the same:- "patience is all we need". You mean like, another 5 years? LOL

[golden prospect] 12/7/2021 16:15

This week sees the purchase of Kouroussa completed by issuing 35m shares @ 28p

Amazingly, the market invites buyers sub 21p !

[cinoib] 12/7/2021 09:25

LLB, yes but people are so greedy and so gullible that they will use and so the bankers can get away with even more fraud and get even more richer and then they can dream up more schemes and con tricks to fleece the public with.

[laurence llewelyn binliner] 10/7/2021 11:31

Whilst buying some coins recently and browsing the royal mint site, I noticed they are now offering a virtual gold account, so you set up and send your money in, you get an allocation which may or may not exist as a credit, they pay you zero interest, and they give you a 0.5% + VAT bill for storage, plus 0.3% buying and 1% selling fees, and they can resell the same allocation onto other people too as they do not offer delivery, just an account balance that floats with the spot price which you may or may not wish to cash in.. genius... :o)

Another 2/3 weeks to our update of real gold and sold production here..

[wskill] 10/7/2021 11:12

What a shame they had a chance to clean up their act with all the skullduggery involved with the unallocated accounts, eventually this will come back to bite them
in the same way banks have had to settle PPI claims .There is now a much better understanding of what banks are doing with investors physical gold no sane person would buy unallocated gold.
As the largest company selling gold to UK investors says if you dont hold it you do not own it very true words.

[goodgrief] 10/7/2021 08:22

In support of that line of thought... might have been a voxmarkets podcast that related a study by a broker of the most successful accounts administered by them. Turns out the most profitable accounts were either dormant or belonged to dead people!

[johnhemming] 10/7/2021 07:04

I think a lot of investors are simply too responsive to day to day newsflow more generally. I accept that some people are short term investors, but unless that is what you are doing a long term focus is needed. There is research done that shows that people trade too often, frequently just because they can and there is an inherent human bias towards taking some form of action. This does seem to drive share prices both up and down in what is objectively an irrational manner.