The latest Investing Matters Podcast episode featuring financial educator and author Jared Dillian has been released. Listen here.
Obviously they are not back today! Goodness me, who believes the garbage on this board, spouted by people who have been wrong EVERY SINGLE TIME
My advice is: sell out on the next spike, if there is one. Don't wait for results, which are invariably poor. Wait for Dan's next lie about being close to commercial production, and get out with something, or risk losing everything
Him is already broken. Down 96% since it listed, and 65% in the last 5 years.
Unfortunately, competent management matters a great deal in the small cap space, and Dan Betts has repeatedly proven he is not capable.
If management doesn't change this is going to zero
Kourassa is worthless unfortunately, which makes hum worth very little. So glad I sold this garbage when I did!
Lots of small caps are doing well at high gold prices because they are able to deliver. Hummingbird cannot and will not, doesn't matter how long they get given.
150m debt at 12% is another 18m lost to interest expense because of the delays. Highly doubt they can meet the debt repayment schedule
Hummingbird simply cannot get it right, even at all time highs for gold.
The issue has always been that they cannot get the gold out the ground. It's always someone else's fault.
I reckon this is no longer a going concern and shareholders who don't sell out now will end up with nothing
Probably because gold is still c100 higher than it was a couple weeks ago. Lol.
It doesn't need to climb further, if it just lingers around 1100 & 1200, gold miners are making quite a lot more revenue and profit. Average price matters. Last time we got a spike to 2100+ and then a quick fall down to 1950, benefitting no miners. This time it seems to be staying above 2100, which bodes very well!