Member Info for Brucey6onus

Posters saying - "All that matters to me is the SP".... so I'll end my posts casting unfounded aspersions on management!? You make as much sense in comments and actions as the people who invaded the US Capitol yesterday.
If I didn't like the management I wouldn't be invested, no matter what the value (that the mgmt. created) was on offer.

Anyone know if you can edit posts after posting them? haha (title corrected)

So just for the benefit of any perspective buyers out there reading through these BBs...what would be everyone's ideal takeover offer price be? (let's say in next 3 months) For me:
< 75p "Jog on!"
76p-99p "You have my attention"
100p + "Where do you want me to sign?" :)

GLA to all HUM holders this year.

Apologies, I got bit carried away in my earlier post. I thought a vaccine being announced in Q4 2020 and available by H1 2021 was priced into market's expectations. Have still so much to learn. Anyway if any consolation I haven't just lost my shirt, felt like I lost my whole wardrobe in last few days lol. Still been here 2 years (entry price only a couple pence lower than todays' price). Still am now a very zen like believer, think HUM does that to you - so here's to the next 2 years! :)
I will now always end posts with DYOR!! GLA.

...the democratic quantative easing rockets are igniting - hold onto your hats people, this ride is about to go supersonic!

Barrick Gold does not see a big risk of Mali changing its mining conventions, its chief executive said on Thursday, after Mali’s interim president said the country aimed to review mining contracts signed during previous administrations.

“It’s acceptable that the new government would want to query any transactions that might have been done in the back end of the previous regime,” Chief Executive Mark Bristow told Reuters. “I don’t see it as a sinister situation at all.”

Hummingbird share price action over last couple of weeks about as bat sh*t crazy as a US election. Keeps life interesting I guess and as long as both turn blue in both cases, then it's all good.

All these buyers arriving like angels to help us shine the goodly light on the value here! Bless you all.

Lol. I really shouldn't post after the first bottle of the day goes down! But glad you're all here anyway. Next stop is to get a market cap. large enough so all gold funds/ ETFs are compelled to take a stake for gold sector weighting purposes. onwards!

THE STOCK TO BUY
Hummingbird Resources (HUM:AIM)
Like most gold miners, Hummingbird has had a good 2020 as reflected in its share price, yet it still trades on less than five times forecast earnings.
Last week it revealed it had paid down a chunk of its debt and reiterated its commitment to having no borrowings by July 2021, consistent with the consensus forecast on SharePad.
The firm’s all-in sustaining cost of production is $995 per ounce while gold is trading at nearly twice that level.
A key risk to the share price is that one of its mines is in Mali, where there has recently been unrest, but for gold investors political risk is not that unusual.
Quite a few analysts are excited by the company including Canaccord Genuity’s Sam Catalano who likes the look of the Kouroussa gold project in Guinea that Hummingbird has just bought.
‘We believe the acquisition and development of the Kouroussa project can be entirely funded through internal cash flow,’ said Catalano, commenting before the deal completed on 1 September.
‘Successful completion of the proposed Kouroussa acquisition should provide meaningful value accretion for existing holders (20p-30p/share) as well as broadening Hummingbird’s appeal to a larger range of investors through operating life extension, doubling of output to more than 200,000 ounces per year, and becoming a multi- asset producer.’

Very re-assuring RNS - especially as I went 'All-In' a few days ago on price retreat. BTW c'mon people you shouldn't be looking at, let alone be investing in African gold miners to begin with if you can't take the high political risks to businesses operating in Africa, where coups are as common as referendums in the UK. Anyway have to remind myself that equipment lease costs are a fairly steady c.$3m a quarter (missed that in my 'back of a fag pack' calcs after Q2 update). Happy holder to £1 party :)

150 day working shift! and I thought was working hard from home. Also, I do hope they checked under the air strip before they built it? as they look like they're surrounded by quality seams of gold.
In summary, update seems not so much the nitrous injection into a 4 cylinder wanted by short-termers and day-traders but confirmation they're on track to build a glorious, long-lasting V8. Strong Hold / Buying on Dips

I mean I was thinking maybe POG $5000 in the same time frame with a really strong tailwind but this guy ->
“I would put gold at $15,000 an ounce before 2025,” Rickards told Kitco News.
That would be roughly £3.5bn in T/O and about £3.3bn in profit for HUM (assuming 2nd mine hits expectation) - I might finally be able to go large on my McDonalds meal with that kind of return. lol. Ludicrous (probably) but worth a smile.

Saw on another board that this might have been tipped today - anyone know where? or maybe its just a tick-up in expectation of 'pleasing' results on Monday 3rd.
As an aside I still don't know why this company doesn't RNS its recent contract wins - First commercial wind farm in US last month, First contract won in Japan this month etc bizarre behavior haha

"Have a well-earned rest here Gold! You must be really tired after all that climbing?" :)

Well that particular seller has a fair point as he did buy (at least 50% of his current holding) at 15p, May 2019

When I've doubled my money you might well see me sell down some too...shame a headwind for the rest of us in the meantime

makes me chuckle with bemusement - you occasionally see a sell trade and you wonder - did that seller look at the same gold price action I can see today? and if so; did they then decide "nope Gold price too high, I don't invest in company's that make obscene amounts of money, I'm out!" LOL crazy world

Like someone just gave the gold price a can of spinach!

Someone pass me the smelling salts, break-even after 3 years! Whoop Whoop. Now a rise to 60p+ fair value (naturally this post will be the kiss of death for another 3 years lol)

If your sales in July and August this year are as much as your sales in the whole of 2018, at 60% gross profit margin and rising, you're on the right track. I bought a little more

Agreed that's 160k shares bought at around 15:00-16.00 for last 4 business days #patternemerges