Member Info for kkkrrr

i think this NR is OK ... they mined more tonnes of ore at appr. 2g/t grade ... KE1 mines out... its clear they have to do more stripping bringing other pits into production ... so the costs are up , but will come down with better grade to the mill ...

-exploration wark looks good
-work on second project looks ok
-debt-free in q2 ...

i'am not happy with todays news because i want a cost-target (longer term) .... summerizes the marketcap still is far too low despite the 2 developement-projects in the pipe.....

LOL ... unbelieveable this unpatiant little brains

you have to consider.. this is a gold producer in Mali .. a country with terrorism (i know this is a very large country and in south/west there is much a more stable situation ) ... Hummingbird is a small producer and not many people knows about this company. The gamechanger will be the second mine (and later 50% of the third mine) ... country risk will go down and revaluation will happen ... i owned a lot of such companies in the past... HUM is a strong buy ..lets wait for the mining licence and debt from Coris ... in front of this news they will release a news about repayment of the Yanifolia debt , longer minelife , free cashflow+cash balance grow....

what's wrong with you people? .. oh goes step na step.. News will be ewleased when available...

right.. HUM has a difficilt year with Covid-19 , politics in mali and rainy season .. i feel ok with 100000-110000 oz for such a year... more important is positive free cashflow , extended minelife at Yanifolia (looks like this will happen) , growing with cashflow from yanifolia to a 2 or 3-mine -company ... country diversification also will bring upside.. HUM is way too cheap here...

well spoken ... its undervalued bigtime.. biggest risk is country risk and country diversification is on the way with the second mine...

i think HUM needs the approvals for the second project and longer the minelife for Yanifolia for 2-3 years (this will happen via exploration and maybe takeover of Cora gold later) There is enough gold around the current pits for some more years of production... be patient ... debt will be gone soon...

complete different area ...Yanifolia lies in the south of Mali ... there are no troops...

very true ... i'am adding too ...Covid19 , borders closed and wet extremely season weighted on their results ...but debt will be paid down early 2021 and things looks good with 2 projects in developement ... Yanifolia needs more resources , we all know this, but don't forget about Cora Gold.. there will be a deal sooner or later and this will secure ore-feed for the pant for several years....

LOL

i'am not happy with the 1200$ AISC but there was a terrible wet season, borders closed , Mali in trouble, Covid-19 .... now we are 4 weeks in Q4 and dry session has started, costs will come down ... drill results are good, our next projext seems to be on track ... net debt zero ... HUM is far too cheap now... look at this laughable marketcap ... this becomes a 2 1/2 mine-company very soon funded mostly from internal cashflow...

La India

Production aim: 170,000oz/y

Condor Gold plans to begin production at its La India project in 24 months before delivering an underground expansion.

The company has secured permits for an open pit operation producing 120,000oz/y gold over seven years, CEO Mark Child told the TSX Latam Mining Investor Day.

“We can materially expand that production to 170,000oz/y by adding the underground [operation]. The intention is to do that when we are in production,” Child told the online event.

Condor is currently focused on getting the project shovel-ready, with site clearance due to start this year, and buying land for the permitted mine infrastructure, which is about 93% complete.

Engineering for a tailings storage facility is also advancing and about 45% complete, the CEO said, with further exploration also planned.

92% of land surface rights purchased within the permitted La India open pit mine site
infrastructure

...means there is a little error in the presentation... 8% remaining ;)

i think you mean undervalued ;) ... Yanifolia is worth minimum the current marketcap because the real minelife will be much longer... they can aquire Cora Gold if they want and grow the the resource by drilling , the second project looks highly profitable with very low capex (they can built it from cashflow and a new debt financing from Coris Bank) .... so we have in 200000 oz p.a. producer in 2-3 years... the marketcap for allt his is way to low

as bonus we still habe 51% of Dugbe and others will do all the work (no waste on money until final feasibility is released) ...

strong buy!

really Shanta Gold? ..i think there are much better plays available right now .... already too expensive ... HUM, CNR or Gold X

Short term objectives:
-1.Acquire remaining 9% of land surface rights
-2.Geotechnical drilling on TSF, water retention dams
-3.Place deposit on a processing plant
-4.Advance engineering studies
-5.Commence site preparation by year end

...from presentation yesterday...

http://www.condorgold.com/investors/presentations/precious-metals-summit-presentation-0

Cardinal Res has no debt ... the state owned fund bought the debt from Sprott , there was a PP with Shangdong too

...but there are some similarities with Dugbe ... fact is.. HUM is too cheap ..sum af all parts is much higher as the current valuation ... with the second mine the risk profile will get better and Dugbe + Cora (extention of Yanifolia's minlife is a bonus ...

another tip ..GOLD X Mining ... very similar to Cardinal ... watch out!

wonderful news release ... i wonder the SP still trades below 40 cent ... look at the facts.. debt is shrinking rapidly ..cash balance will built up very fast after the paid down the debt... the second project highly possible will be built without dilution ... 2-3 years from now HUM will pruduce 200000 oz+ p.a. and even now the P/E ration is below 5 ... big undervaluation here

debt will be paid down soon , trade and payables also down from last year ... looks good ... this stock should trade near 50-60 cent per share ... with construction of the second mine this will happen....

LOL 20 pence ? there is no reason for such an low SP ... the mine is up and running and HUM makes money every day .... at POG 1800-1900$ POG HUM will be debt-free very soon ... be happy with 30 pence ..its low enough