Hummingbird Resources Share Discussion Threads

[catsick] 13/12/2017 23:46

Shame to see the deal fall through but It does not reflect badly on hum walking away from a deal, they are the ones with the big new plant surrounded by an ocean of prospective claims, I am sure there are plenty of similar opportunities and the grouching from agg shows who held the upper hand ... unfort I had bought a small clip of agg )-:

[davr0s] 13/12/2017 20:18

All these holders feeling a 4% drop is overdone. Lol 4% is noise

[charles clore] 13/12/2017 15:55

Selling well overdone today but should bounce from here hopefully imho.

[rickyhatton] 13/12/2017 15:23

Cora deposits are the quid pro quo. No milk spilt.

[mikkydhu] 13/12/2017 14:13

Focus on higher grade deposits located on its mining permit in closer proximity to its processing plant.

[zhockey] 13/12/2017 14:08

No detail, that's a shame

[qs99] 13/12/2017 14:08

so shame no deal, but fall now IMO looks overdone....

[rileyma] 13/12/2017 14:07

Rns confirming termination & on time/budget
Still

[qs99] 13/12/2017 13:39

there will be others I am sure....DYOR but first pour is the key IMO...

[muffster] 13/12/2017 12:56

With 120 days of due diligence. Rns should be released

[muffster] 13/12/2017 12:52

I agree. The terms were an exclusivity period

[charles clore] 13/12/2017 11:25

I suspect the drop may be due to AGG afficionados selling. Shouldnt last long. I am expecting a very nice bounce when the gold pour RNS arrives. Just had to take advantage this morning.

[zhockey] 13/12/2017 10:54

Oh well it's a shame the deal fell through, looked like a win win.

[charles clore] 13/12/2017 10:53

Meanwhile the project is still on track and first gold pour proclaimed by management as expected soon. If my timing is correct it could be as early as next week imho.

[bittorrent] 13/12/2017 09:01

Can't see anything coming of this. AGG have clearly got the hump because the deal fell through, it makes it look like their assets are not as good as they want people to think.

[goodgrief] 13/12/2017 08:55

Since AGG's share price fell on the news, I would have expected HUM's to rise but what would I know. Poor zhockey!

[bittorrent] 13/12/2017 07:49

It says in the RNS "The Transaction is subject to certain conditions, including that binding agreements are entered into within 45 days." That time has long passed, so why was it not announced earlier?

[qs99] 13/12/2017 07:44

Indeed, needs an RNS me thinks. Also not long to go before 31st so cmon Hum where is the first pour?!

[divmad] 13/12/2017 07:36

Then what is the difference between a "Binding LOI" and a LOI?

[adorling] 13/12/2017 07:30

A LOI is just that “intent” so no impact on HUM as no binding legal implication.

[divmad] 13/12/2017 07:22

According to a poster o the lse bb:

"AGG announced overnight that they have terminated discussions with HUM and are looking at "legal rights and remedies against HUM stemming from termination of the binding LOI". I assume an announcement will come out from HUM today on this - disappointing that this hasn't come to fruition, and feels like it was unfortunately announced prematurely (LOI is a bit weak), which should be a learning experience for HUM. Surprised if AGG's legal analysis gives them any recourse: it was a LOI, you can call it binding all you like..."

Is this correct?

[divmad] 12/12/2017 14:39

What's happened to AGG and us?

[croasdalelfc] 12/12/2017 13:44

7 days to the 19th

[westmoreland lad] 12/12/2017 12:02

Could easily be pressing the green button this week.