Member Info for GoldenBull

Sorry Tiger, people have been thinking this for three years.
A cash cow with a future is a very attractive proposition.
My vote before I am asked would be NO .
I would like an explanation as to how the situation arose to attract such a derisory offer.

I am not an expert in company law but could legal proceedings be taken against directors?
If they bring about a situation where some shareholders are no longer able to hold shares, which they bought in a listed company, so creating a financial loss.
I would have thought it warrants investigation by AIMs .

It is as good as $1800 as does not matter.
So much good news this year and still cheaper than a brown field site.
One would think that everything achieved would still have happened , if gold had been say $1600.
Still not got my question answered in writing, why not avoid a cheap takeover and pay a dividend.

I’m in

$1784 are we about to break $1800.
Last day of Q2, wouldn’t a dividend be uplifting?

Wife likes that, going to watch it on catchup.

You are very welcome Jessbowkett, hope it helps.
With regards to Cora Bert answers emails.
Just made a post on Hummingbird, you may find that interesting but dyor.

Historically gold price rises, then large gold producers, then small gold producers.
Gold rises first followed by silver. Gold has reached previous highs, silver has been more than double. I like watching Rick Rule videos when I need cheering up.;-)

Recent post relating to Chinese scam on gold bullion shows how careful we all need to be.
Buying bullion has security costs and I wouldn’t keep it under the bed.
Most people into Precious metals want safety and feel that in a troubled world, printing money,
it will lead to gold rising significantly . I am a trustee of a pension fund and this week we moved out of ETFs, we bought gold and silver shares in five more companies.
Reason , when crisis 2008 hit, some pieces of paper did not do what it said on the can.
All five companies pay dividends. We are heavily into Hummingbird and Cora and have no desire to sell , a dividend is required to make SP rise, imho.

Must have had a bad supplier can happen
If you Wing the Wong number

Last day tomorrow, only 3 weeks before we get the results RNS,
Who knows we might get one before to cheer us up.

Worth a try, you bugger off, I’ll go with whatever puts the SP up ;-)

Good comments on Cora
https://youtu.be/lszustZe7_U

John Meyer knows, good mention for Cora and Mines making about $1000 / https://youtu.be/lszustZe7_U

Rick Rule knows what is coming with gold.
https://youtu.be/_aLFbcISGow

https://youtu.be/Mkxw_IiAznY
Forecast gold $2000 before year end and $4000 in three years.
Also confirms that gold companies paying dividends are in demand.

It is not beyond imagination that there maybe somebody that wants to buy Hummingbird.
The true value is arguably above £1.
Let’s say the share is 30p and shareholders have had a tough ride for a few years, a bid comes in for 40p it might get it. If the SP is 50p a bid of 40p does not stand a chance.
The all idea of AIMs is to allow companies to start up and prosper, to encourage investment with
tax advantages. Our country faces torrid times with virus and Brexit problems, we need AIMs to work. I look at good shares in my portfolio which are clear winners, held back by shorting .
Growing companies are generally short of cash and vulnerable, Hummingbird have the cash to stop a cheap takeover.

Share buyback does but dividends cheers up PIs and encourages IIs.
Maybe both are needed to get the SP where it should be.

I was told by a Hummingbird employee that it had been discussed but joining Tex would have upped costs, taken time and London was the place to be.
If you have to battle a dedicated seller being in two markets in no way addresses the problem.
A dividend sorts it.

I lose about £3000, expensive honey.
The big loss is that I liked the message.