Hummingbird Resources Share Discussion Threads

[ukgeorge] 31/12/2017 11:23

I'd be happy with their 78p target for HUM Their target for Cora is 48p.

[charles clore] 31/12/2017 11:22

Cro - given the current world economc issues I can see gold and silver moving up in the short, medium and long term.

[rileyma] 31/12/2017 10:13

2018 preview is a crackin read
Hum on the top 10 picks again
Cora added also

[croasdalelfc] 31/12/2017 09:16

BItcoin faltering unrest in Iran , can see gold price moving up short term

[bittorrent] 29/12/2017 12:01

A good time to be a gold producer!

[croasdalelfc] 29/12/2017 08:48

Gold at $1297 ... maybe a bull run up to $1350 if BItcoin gets twitchy

[zhockey] 28/12/2017 13:15

Carols, with respect you have no way of knowing that.

[chipperfrd] 28/12/2017 11:29

The CORA announcement on the 2nd Nov was regarding a review of historical exploration drilling by Gold Fields. But they do look very encouraging.

On a Gramme-Metre basis, the 5 intercepts being quoted have an average of 46 gm which is pretty good.

Let's see how their new drilling campaign works out.

Happy New Year everyone.
Chip

[charles clore] 28/12/2017 10:43

Darola - I meant Kobada silly me!

[darola] 28/12/2017 10:22

I think you mean AGG. And that would just be rhetoric to appease shareholders.

[charles clore] 28/12/2017 10:03

catsick - didn't Cora mention considering legal action over the decision not to proceed? Maybe HUM saw the writing on the wall and decided going it alone was a better option.

[catsick] 28/12/2017 09:41

Divmad cora announced drill results on the 2nd nov and began more drilling on the 30th nov so there is plenty of new info that hum will have since the agg was announced, now we all have no idea why the agg deal fell through but I would say it is going to be bad results from the dd or good results elsewhere...

[destroyer21] 28/12/2017 08:53

Regarding earlier comments on antics at LSE, they really are excelling themselves now. Utterly embarrassing, but the worst of it is that one or two declared novices are lapping it up.
The idea that people who act in this way deserve any credibility, and should be seen as mentors, is beyond me.
Cringeworthy.

[divmad] 27/12/2017 22:44

catsick,

Cora has NOT had any results confirmed to the market yet. What are you trying to say?

[zhockey] 27/12/2017 22:16

Catsick we will never know the answer to that but my gut feeling is it was nothing to do with gold, rather some issue with negotiations.

[catsick] 27/12/2017 10:22

I am wondering if the reason they pulled out of the agg deal is that they could just do the same thing with the cora gold site where they have been drilling since the original deal was announced, cora have decent oxide ore at the surface easily truckable to the plant after milling and concentrating, why not work with the listed part owned company rather than an unrelated third party, I think the idea of concentrating ore at remote sites serving a bigger central plant is a very good one, Cora has just been going down and down after raising funds recently at 16.5p it has had decent results and fallen to 11.5, Hum never really explained why they pulled out of the deal and would be interesting to know why, a Cora related announcement after the current drilling program is done would make a lot of sense.

[napoleon 14th] 22/12/2017 18:17

Year end tidy up for an II somewhere...
Next year should be fun.

[jeanesy] 22/12/2017 15:53

That is the point i was trying to make .. i see a couple of large sells have now been reported

[charles clore] 22/12/2017 12:45

George - unless someone in the know is convinced commercial production will not meet the mark I cannot understand why the price is falling instead of rising. I genuinely hope that 35p support doesn't hold because, if not, I know where I will be putting my money!

[ukgeorge] 22/12/2017 11:12

buy the rumor sell the fact.....

35p should be support, from the chart point of view and after that it would be back to 28p. Fingers crossed that does not happen.

getting to commercial production and then steady state has always been much more important than first pour.

Roll on March and the first goal being met.

Commercial production is normally defined as running at over 60% name plate capacity for 6 weeks or similar.

It is encouraging that they have said recovery rates are already around 95% as this is often a sticking point(as knowing the levels of reagents to add is often not obvious).

[jeanesy] 22/12/2017 10:38

Lots of buys still but continues to drip drop down.. mmh is there still a large seller behind the scenes ? if not this price movement doesn't make sense

[wilco1000] 22/12/2017 10:34

At this time of year I always like to look forward to when and where I want to be next Christmas and certainly all things going well this should be a transformative year for HUM, stepping up from a speculative and promising miner to a highly profitable and professional producer.Plenty of pitfalls still to be overcome and risks to be mitigated but looking forward to sticking around for the ride.Merry Xmas and a happy, healthy and prosperous new year to all

[chipperfrd] 22/12/2017 09:09

Happy Christmas and a prosperous New Year to all HUM stakeholders.

Well done to Management and staff to drive this project through the exploration and development process - very few PM IPOs get this far.

Chip

[bittorrent] 22/12/2017 07:38

Just been reading the Cora Gold RNS about their drilling programme, first results should be due around the end of January.