Hummingbird Resources Share Discussion Threads

[sclper] 20/1/2023 08:53

It is still listed on HUM's website as an investment. I think they hold just over 5.5m shares

[aim999] 20/1/2023 08:36

I forgot about the bunker hill fiasco ...... do Hum still have an investment? Seems crazy the whole thing considering they are now up to their eyeballs in debt BoD should go and get replaced with professionals

[sclper] 20/1/2023 08:26

Interesting to note that Bunker Hill Mining is also on his 10 bagger list. What stake is HUM still holding in this company?

[aim999] 20/1/2023 08:15

POG is rocking..... you would think even these guys can make money. If competent management took over this should be worth multiples of the current share price

[laurence llewelyn binliner] 20/1/2023 07:53

#Jaspoland, POG @1,930 for us to sell into is a huge turnaround in our future potential cashflows, multi baggers can and do happen, with both mines running full tilt and some progress at Dugbe why not a 10 bagger from here and 8 pence a year out from now..? Might sound fanciful now with our record of finding banana skins to tread on, but slowly as quarterly results compound confidence, it could happen.. :o)

[jaspoland] 20/1/2023 07:21

Temujiin whilst I agree a 25 bagger is unlikely it would have brought HUM to the attention of those who have read the article. Also as the only London listed share on the list.

Volume has clearly picked up at the start of this year so there is interest. If Q4 is good that will bring in more buyers. This could be a very rewarding year for us.

[temujiin] 19/1/2023 23:28

Lol, 25 bagger...might be a tad optimistic:)
Credits to Burn_Coal on LSE

Hummingbird Resources
LON:HUM

$32M mkt cap. They are a mid-tier producer, producing 90K a year. Plus, their 50% Dugbe project in Liberia (4M oz) is under development by their JV partner. Plus, their second mine (Kouroussa) in Guinea is almost completed and will be a 100K producer. It’s silly cheap and should be a 25-bagger — if it doesn’t get taken out

hxxps://dondurrett.substack.com/p/goldsilver-miners-with-10-bagger?r=1qdy5e&utm_campaign=post&utm_medium=web

[borderterrier1] 19/1/2023 18:10

aim999 A bit leaky? A bit 4king LEAKY? You are joking, right?

[aim999] 19/1/2023 16:08

A bit of expectation based on trading patterns ..... I wonder if it is a bit leaky. Potential news on a few fronts but Q4 is what we want to know

[george8888x] 19/1/2023 15:13

Buys are in up up and away......!

[plat hunter] 19/1/2023 12:11

Smaller volume of course but 10p equivalent being paid in the US.

[plat hunter] 19/1/2023 08:23

Hopefully it's payout ratio is better than 82%

[creditcrunchies] 19/1/2023 08:10

It's like a fruit machine the jackpot has got to come soon

[sleveen] 19/1/2023 07:43

As long as it's not a Friday RNS like Q3's.

[laurence llewelyn binliner] 18/1/2023 16:17

14.01.2019
03.02.2020
31.01.2021

Tomorrow is possible for the Q4 update, I think nearer the end of the month, but we will see what we get.. :o)

[sleveen] 18/1/2023 16:07

Thursday tomorrow, RNS perhaps?

[temujiin] 18/1/2023 16:01

We all need them sometimes. I'll have a rant if Q4 is sub 24k :)

[george8888x] 18/1/2023 15:11

Just my rant for the day....... Cool.......

[temujiin] 18/1/2023 14:42

Chill out George, the spread isn't accurate. I can sell 100,000 for 8.01 so the share price hasn't really moved today. Just MM games.

[laurence llewelyn binliner] 18/1/2023 13:43

Kouroussa acquisition - initial consideration of GBP10M satisfied through the issue of 35,248,441 Hummingbird new Ordinary Shares at 28.4p currently representing 9.1% of the enlarged share capital..

Additionally, Cassidy shall retain a 2% net smelter royalty on all gold sales by or on behalf of the Company over and above the first 200,000 ounces of its production and sales up to a maximum of 2.2M ounces of production and sales..

So we retain 100% profits for the first 2 years before the Cassidy NSR triggers to hammer the debt out..

[george8888x] 18/1/2023 13:42

Seems like hummingbirds, sucking on the wrong flowers and getting the wrong nectar

[george8888x] 18/1/2023 13:40

And and coffee and breakfast and lunch..

[george8888x] 18/1/2023 13:39

But it is taking the biscuit?

[jaspoland] 18/1/2023 13:37

Language Timothy