Member Info for GoldenBull

I am sure that a lot of investors are in a similar position having lost money on portfolios, and/or
suffering from the virus epidemic.
Unfortunately the market knows this and would like your shares cheap, so holding SP back.
It in no way stops Hummingbird being a cash cow, stay patient, stay safe, we have a golden future.

It is easy to forget the progress this company has made over the last 18 months.
This board had people stating we were close to closure.
We have had a virus pandemic thrown into the mix and yet, we reduce debt, instal a second mill,
Increase production, renew drilling, & progress Dugbe.
We now find another mine very similar, we can unleash a much more experienced team to double the company size, decreasing the single mine risk.
I really hope Dan can allocate some of the cash this cash cow generates to rewarding shareholders.

We are getting more news which is taking the company in a good direction.
We are in the third month of Q2 and we could be getting more news before results RNS.
Drilling results, Cora update ,Debt free .
Personally, I feel that SP would be boosted most with a dividend rewarding current investors and attracting new.

It will not be main shareholders selling, experienced investors with a track record.
Hummingbird know that buying Cora would need a big offer.
Processing ore short term is still possible but another mine is coming.imho.

Main shareholders want to take Cora to production. Joint ventures with Hummingbird are still possible because of mine proximity.

Corporal punishment ;-)

Right size project for Hummingbird better than chasing Dugbe.
Proven track record in building mine on time to budget.
Another country, another mine, same gold.
Damm is breaking.

Can VRS play a part In ViRuS control?
U.K. export drive certainly needs Versarien.

Q2 well under way making $800 on every ounce. Gold still above $1700.
Dugbe not costing and moving forwards. Cora finding gold. Debt down.
All this cash may see us through this doom and gloom.
Can anybody out there recommend what in their dreams Dan should be doing?

Apparently they use two recorders to be safe on checks.Both recorders were broken, they were sent to manufacturers and they recovered the information, which they received in the last couple of days. They will release the information early next week.

Just how far do you think it is between Dugbe and the mine?
How would this increase LOM?
Maybe that is why we are building a landing strip at the mine to transport ore.

Think that you are going to like the next RNS.

Gold up to $1716 and rising.
It has been above $1700 for the most of Q2.
Some exciting stuff in the pipeline with all this free cash.
I don’t think we will be setting fire to it.
Cora? Dividends? Flush it down the toilet? You pick.

Hummingbird RNS today shows that this cash cow is not using any of it to finance the development of Dugbe. It has need of the cash for what? Wonder if this involves Cora?

Well Tiger, I don’t want to sell my shares because I simply don’t like bank interest rates.
What would be a good offer for this cash cow with a great future?
No, I like to party.

Good to know droplnmonkey, I just wondered as your record shows that you do not post on other boards. Looking back through your posts, forgive me for thinking you are a little negative . Why would you want to hold shares, are you in some way masochistic?
In answer to your question. I am trustee of a private pension fund which holds about £60000 plus I own a similar amount personally. We hold Cora, Barrick Gold & Fresnillo and consider Hummingbird a quality investment producing lots of cash. I am looking forwards to the Q2 production figures and how we intend to use the cash.
I have to agree that Dan Betts could be better on communications but he has delivered a cash cow mine under very difficult circumstances. I can understand that our patience is being tested but if it takes a bit longer , so be it.
If he devotes his working life to a company, he deserves to get rewarded, something IIs will appreciate. If all you pay is peanuts, all you get is monkeys.
Lots of truth in old sayings because like gold they stand the test of time.
Try and be a bit more positive or pack up investing before you get ulcers.

Just out of curiosity dropinmonkey, do you have shares in Hummingbird?

A bird in the hand is worth two in the Bush (horneythologist)
Dugbe has not helped SP in last few years, it has cost money.
51% of something is worth more than 100% of nothing.
If these professionals with past experience get gold out of the ground ,great.
If not , we get to keep the deposit, great.
I suppose we just carry on as a cash cow, Q2 appears to be going well.

Happy that I still have my shares in Hummingbird.

Seems that it was on the radar