Member Info for GoldenBull

President Ibrahim Boubacar Keita announces his resignation , dissolution of Parliament and government.
People interviewed seem happy to see the end of a corrupt government.
Could end up better.
Production for Q3 seems to be as planned.
The local community are hundreds of miles from any troubles.
The new government will still want the revenue provided.
Hummingbird was undervalued and still is.

Don’t know what happened to spellcheck, should have read
Good community relations put Hummingbird in a favourable position.

ngninv. Sorry to see you go pal, wish you all the best, won’t be as good a party without you.

Looks like they want rid of the president, doesn’t seem that well organised and is not getting supported from outside of Mali. Could settle down over the next few days.
Hummingbird is five hours drive away and so far not lost an ounce of gold.
Good community relations put Hummingbird DIN Achse favourable position.

Just heard from Mali from a friend.

Would appear it’s been a military coup but my understanding is they intend to install a new political government tomorrow and step away. That’s the latest I’ve had on the grapevine.

Nothing confirmed but they need working gold mines for revenue, whoever is in government.

Somebody fired a gun in the woods near our village last week, think it was after rabbits.
The pictures I have seen don’t show corpses, they just seem to like protesting.
I bet more people are dieing due to starvation and the virus.
Getting rid of gold mines would not improve life .
Hummingbird strive to improve their lives not make them worse.

Unlikely that we will get an RNS relating to this tomorrow.
I have been in touch with people that know the area of the mine.
Troubles are many miles away and the reports of what happened are varied.
The way I have had it explained is even if it was to be a coup, which no one is saying it is, history shows that new regimes want the revenue. They realise that they need investment in gold mines.
Cora and B2gold shares are not down, why the big reaction with Hummingbird.
Plenty buys again today.

Not so clever if they get the timing wrong.
Warren Buffet plays it differently.

More bought than sold.
Some bargains today on the cheapest, best valued gold share.
Gold back above $2000 and SP drops.
Couldn’t make it up, could you.

Halfway through Q3, not lost an ounce, should be much higher imho.

Not going to Mali for my holidays even if the runway is finished.
Locals like all the improvements made to their lives with Hummingbird.

Gold up
Cora up
barrack up
Same old chestnut 5 hours drive away.
Investors shooting themselves in the foot.

Barrack gold are in Mali
Warren Buffet is not panicking

Gold up $2008
Cora up 5% today

$1998 could well get back over $2000 .
Next leg up $2100.
Maybe that Warren Buffet knows something.

My biggest concern was missing out on physical gold and so I would have liked gold to stay low for a little while. Hummingbird is so undervalued imho. I suppose you don’t have to be Warren Buffet to know whatever you buy connected with gold is better than money in a bank.

Hope Buffet checks out Hummingbird

He is selling lots of things and buying gold.
Does anybody remember the story of the three little pigs, (not the ones in government.)
The big bad wolf huffed and puffed but could not blow the brick house down,
Imagine trying a house built with gold brIckes.

https://www.gurufocus.com/guru/warren+buffett/stock-picks

Interesting that he is buying gold.

Does the world like to print money more than own a cash herd?

With so many positives, we are getting pretty desperate to find negatives.
Mali is a big place, would we be bothered if there was a demo in Berlin ?
The act of god taking out the bridge has been sorted, we now have stockpiles and two bridges,we
will also have an airstrip. Some would have us believe that LOM is limited, why buy a second mill?
Why build an airstrip? Doesn’t sound like they are planning a tourism business.
Yes we need the patience of Jobe but we do like a party.