Member Info for Angelis

jammin, you bought in higher and you are now **** talking to get in at a lower price, fair enough? if we are calling a spade a spade.

Its not direct dilution when CIG are buying the stock, its the creation of new stock to facilitate their investment. Obviously there wasn't enough stock available for them to buy 25 million of stock, its hard enough getting small amounts of stock in this. With two Gold mines on track to produce 200,000 ozs per annum and a third resource of 4 million ozs i am not surprised.

latic, i think db looks at the bigger picture of expansion not your day trading routine of dumping stock then **** talking.

Jammin86, the only reason you are here is to talk crap, Bushy like feeding you.

Bushy, why do you feed the negative nellies? you want pillocks like Jammin hanging around..lol they are all desperate to buy in cheaper, we know that.

Takeovers are good Miner, its what everyone dreams about. If your prediction is true.

“amateurs talk strategy and professionals talk logistics”

Kenj, and who would run it?

Kenj, rubbish

Its all very obvious to me that these are steps to get the Dugbe project going, not saying it will happen tomorrow or soon but maybe a step towards CIG wanting more in order to aid/facilitate that process.

Others on here are not seeing the big picture. 4 million ounces of knowable resource at Dugbe, that's an $8 billion resource.

Jammin, No Sh*t...lol

Jammin, Debt is running hot, yes.

Jammin, Economy running hot? LOL.

I don't know why anyone saw this RNS as a negative unless you bought in higher and are now down, other than that its a positive, obviously the MM's had to drop the price to below the placement price to work through the flush but we should be around 13p plus by the end of the month, potentially even higher if POG takes off again.

Of course it does.

Kenj - Depends what its being used for.

HBR is a tub of junk, oil prices low too and with the Saudis possibly about to flood the market with cheap oil, oil price will go down further.

Totally different reasoning Shaun. Wish you well and see you next week..lol

The RNS is as clear as anything to me, they want to get Dugbe going. Contrary to negative opinions.

''Hummingbird is undertaking an equity placement of up to US$30 million......... to accelerate its growth strategy, increase exploration, and strengthen its balance sheet to provide capital support for the Group's operations.

Hummingbird is in the process of converting its 51% interest in the Dugbe Gold Project, Liberia (the "Project"), into a 51% controlling shareholding interest in TSX-V listed Pasofino Gold Limited.

The conversion simplifies the ownership structure of the Project, providing clear visibility and control to facilitate more efficient decision-making and project advancement.''

Project Advancement.

Someone still has to run it all Shaun.