Hummingbird Resources25 May 2023 11:57
I was invested here before. Sold some time ago as I think the market cap is too big and future big rises will be more difficult to achieve. Check out HUM, it’s currently producing around 100,000 but has a new mine coming online soon…first gold pour imminent with AISC around $1000, that’s going to take them over 200,000 ounces per year. Currently the market cap is 100m. Debt will be paid off fast as it’s only just around 120m….this could easily go to 400m market cap company…..just making you all aware.