Hummingbird Resources Share Discussion Threads

[plat hunter] 16/8/2021 20:30

75% of customers probably lose on their CFD accounts but that's not quite the same, a PI has time on their hands with no margin calls.

[jongreenfingers] 16/8/2021 20:20

I'm happy to agree with you that Aim investing is, for the most part, a mugs game and we can part friends. It's not my normal game and if I can get a 5% dividend and 10% or 20% capital return on the bluest of blue chips, it is usually tricky to justify playing in the shallow end of the market. Although right now, in a crazy market, I'm enjoying the risk/return prospects here.

However, the maths required for 75% of PI's in the market overall to lose over the long term in a market that doubles every decade or two, depending where you're invested, doesn't look right to me. But its not worth fighting over.

[borderterrier1] 16/8/2021 19:07

Jongreenfingers Sorry, but you are wrong and if I can find the proof I will send you the link. Meanwhile, ask around. When a company like LLoyds Bank goes down where do you think the money goes? Like I said with the gamblers, most PI's don't admit to their losses. We all like to believe we are Warren Buffets but we are not. And I maybe wrong, but I speculate I have been investing for a lot longer than you have? Most AIM stocks are a mugs game........ but it is made a lot worse by pump and dump merchants that lie through the teeth to part you from your money. And that, Jongreenfingers is a fact.

[johnhemming] 16/8/2021 19:04

@plat hunter
I wish the filter system worked properly.

[jongreenfingers] 16/8/2021 17:48

"Statistics prove that over time 75% of PI's lose money by investing in stocks". Hahaha. 9 out of 10 experts say you're just inventing stats! That's just ridiculous. Borderline mathematically impossible.

[borderterrier1] 16/8/2021 17:12

Plat Moron. I routinely get filtered on here because others believe what I say is illogical. Over the years, however, I have been proved 100% right...... time and time and again. So has TBTT, Lurker 5 and others. You however, even though you repeatedly get this WRONG believe differently. You have two choices. Be an Ostrich, bury your head in the sand and ignore my logic, or listen and save yourself some money. Statistics prove that over time 75% of PI's lose money by investing in stocks. Just like the guy that comes out of the betting shop waving a bunch of fivers. Everyone hears about his winners but nobody hears about his losers. Just like you PH, an obvious LOSER. Luckily, (apart from this complete and utter, staggeringly frustrating mutt and apology for a goldminer) I'm not one of them. This was almost stagnant even when gold moved up but idiots like you and others still project:- "10 bagger, undervalued, worth 1 pound a share, I'll show you how to do it" etc. etc. Really? I'm still waiting. And yes, not just in my view, gold is finished. I have been 100% right before. You on the other hand, have been 100% miserably WRONG.

[plat hunter] 16/8/2021 16:49

John I have him filtered and after reading your post I wondered what he was saying this time and then was greeted with "gold is finished"


Back on filter he went

[borderterrier1] 16/8/2021 16:26

johnhemming Here is a simple, no nonsense question for you. If as you say, quote:- "Dan and the Bod have done quite well", the co. has no debt and is cash positive, why (after more than 5 years), do you think this share price is where it is today? It isn't a trick question, the answer should be surprisingly easy.

[johnhemming] 16/8/2021 16:14

I normally don't bother to read this thread. Although I have filtered bt1 the posts still appear and I, therefore, don't know if there might be useful information.

I am someone who thinks the board and Dan have done quite well. I am a recent sharedholder with an average price around the 28p mark. Hence I am not in profit.

I think the UK value market is cheap and undervalued and that resource plays are particularly undervalued. HUM is perhaps one of those. I definitely see HUM as being worth £1. Some say potentially £4. I don't see that myself. However, in the end investors own a part of the company and how the company does financially is quite significant in what the share price is.

I would not wish to describe myself as a supporter of the board. That implies some form of loyalty to the board. I am, however, someone who thinks they have managed the business reasonably well.

I hold lots of shares in companies that have debt. In some circumstances that could be problematic. However, this company is cash positive and making a profit. I thought that was what its all about.

[jongreenfingers] 16/8/2021 15:47

Like one of those reddit bots. ;)

[borderterrier1] 16/8/2021 15:29

Unfortunately for us all, gold is finished. I can see 12 p here before the end of the year. Well done Hum team!

[dickbush] 15/8/2021 11:12

The University of Michigan's consumer sentiment for the US slumped to 70.2 in August 2021, from 81.2 in the previous month and well below market expectations of 81.2, a preliminary estimate showed. It was the lowest reading since December 2011, with widespread losses across income, age, and education subgroups and across all regions. Moreover, the declines covered all aspects of the economy, from personal finances to prospects for the economy, including inflation and unemployment. Consumers believe the economy's performance will be diminished over the next several months, but the extraordinary surge in negative economic assessments also reflects an emotional response, mainly from dashed hopes that the pandemic would soon end.

Federal Reserve still between a rock and a hard place. An end to tapering will surely be tentative.

[borderterrier1] 12/8/2021 14:29

kennyp52 I agree with your opinion here. As I have said before, (once again IMO), another Ceo would be the answer here but (as TBTT said recently) teflonman DB is untouchable I'm afraid. As you say, DB will still do well as he always has (and the family bullion business has since 1750) and BT1 (the idiotic moron) will be right.......yet again. Back to the days of the aristocracy and the serfs and peasants I'm afraid.

And isn't it strange when Bert Monroe, previously Hum "head of business development" leaves to go to Cora (which is now doing well) and Hum, who has the same Ceo (since mine completion on time and on budget) that is "running like a well oiled Swiss watch" according to FSJ in his 72 page glowing report in 2017 isn't? Hummmmmmmmm............... I wonder why Bert left? Perhaps he knew something we didn't?

[dickbush] 12/8/2021 13:57

US PPI +1.0% m/m

US PPI Core +0.9% m/m

Producer prices for final demand in the US rose 1 percent from a month earlier in July of 2021, higher than market forecasts of 0.6 percent, and following a 1 percent rise in June. Nearly three-fourths of the PPI rise is due to a 1.1 percent advance in services costs, the largest increase since data were first calculated in December 2009. Cost of goods increased 0.6 percent. Year-on-year, producer prices rose 7.8 percent, the largest advance since 12-month data were first calculated in November 2010. source: U.S. Bureau of Labor Statistics.

Producer prices have been on an accelerating trend since the beginning of the year, amid strengthening consumer demand, global supply chain disruptions, and raw material shortages. The sharp jump in input costs, coupled with an upward increase in wages due to labour shortages, have caused inflation to persistently exceed expectations.

The latest figures are a significant divergence from Wednesday’s CPI print, which showed consumer prices rise by a slower pace, boosting the Fed’s narrative that price pressures are only temporary. Now, with producer prices portraying a rather different state of the economy, financial markets will face yet another month of disputes over the relativity of ‘transitory.’

[golden prospect] 12/8/2021 10:33

LLB, yes indeed an "interesting period" and may make for a monumental recovery play especially given they have scale, and despite a troublesome production profile they have demonstrated to the market that substantial debt can be FULLY repaid at pace. Valuation does not give credit for this.

[laurence llewelyn binliner] 12/8/2021 10:16

#GP, an interesting period now as we roll up to the Q3 report, SC can not have many left now, if any .. ?

Kouroussa funding package news ahead of the Q3 update...?
Drilling results updates due
VEIN drilling updates also due, which maybe using the same lab and suffering the same delays on turnaround..?

[golden prospect] 12/8/2021 09:54

Even on low volume days, there appears no discount for buyers

Observe 75K showing at 19.97p, indications SC are clear

The true test will be on a positive news day where buyers should outpace sellers!

[golden prospect] 12/8/2021 09:00

Plenty of stored value in HUM when market wakes up to the undervaluation

[kennyp52] 12/8/2021 07:59

Is HUM likely to go bust now it is positive cash generative ? Hummmm. If not then it is probably a decent gamble that could 5+ bag if their plans come together . If they don’t come together then DB will still do very well and BT1 will be proven right . It’s pretty much as simple as that .

[johnhemming] 11/8/2021 13:43

USD inflation linked gilt yields going a teeny bit up

[dickbush] 11/8/2021 13:35

CPI +0.5% m/m. +5.4% y/y

Core +0.3% m/m +4.3% y/y

[golden prospect] 11/8/2021 06:47

Thanks DB. Plenty of recent clues SC are finished, bodes well for next positive news and momentum.

[dickbush] 11/8/2021 06:39

US CPI due out today. Median estimate 0.6%. Core, 0.5%. Due at 1.30 pm.

[borderterrier1] 10/8/2021 16:30

Whitegold1 Remember my post 10620 from some time ago? I did try to warn you and the other "shrewd investors" (the super smart ones that repeatedly quote fundamentals) on here that my sources had just released that information but once again, nobody believed me. Os course as you say, this is a "Licence to print readies" Ready what? Certainly not ready cash. Who's the daft boy now, delusional moron? In another couple of weeks you won't have enough left in your "investment" here to buy a bag of chips let alone a prawn sarnie! What a complete diot! LOL