Member Info for MosquitoSqudron

In August 1999 – $251.70
in August 2020- $2058.40
Gold price is increasing at speed now.The Health pandemic.Economic & Geopolitical all in dangerous crisis. All this will take years to recover from. Gold will never go up in a straight line & of course it will take a breather before advancing. I am not a day trader & in this company for the ride to see it a diversified multi nation mines in production.
Kouroussa Gold Project located in Guinea which is being fast tracked into construction/ production.African bank wants to fund the build up to $100 million.
The 51% HUM owned Dugbe Gold Project located in Liberia. Most Gold Miners are now partnering up with other miners to farm out or into large mining projects.It allows company's like HUM to get cash which allows said company's to concentrate on projects like Kouroussa which will be faster to bring into production. Yamana (50%) and our partner Agnico Eagle Mines Limited (50%) partnered in 2014, to buy and take on the huge Canadian Malartic in a JV.IMO allowing ARX/Pasofino Gold Limited (TSXV: VEIN) to farm into the Liberian project is a good move by HUM.Pasofino listed on Canadian stock market, is buying ARX a "private company" & will issue aggregate of 132,415,974 shares to ARX. This makes sense as it will be better for a listed entity to raise cash. On being granted the 49 per cent economic interest in the Project, the parties undertake to enter into a customary joint venture agreement, as well as both having the right, subject to certain protections and the receipt of all required approvals, to convert Hummingbird’s 51 per cent controlling interest in the Project into a 51 per cent controlling interest in ARX or any then listed parent company.

HUM Yanfolila Operational gold mine.Anything over the US$983 per oz all in sustaining cost ("AISC") for Q2 2020 is profit for the company to pay down the ever decreasing small debt & the company will be debt free soon. God price is at $2040 as of tonight.
After $2,000 gold price, $4,000 is next; Frank Holmes doubles down on call.https://www.kitco.com/news/2020-08-05/After-2-000-gold-price-4-000-is-next-Frank-Holmes-doubles-down-on-call.html

Anyone who knows anything about Mining company's,let alone investing in Gold etc in production etc Miners,will know that said company value is also what has been discovered in ground. So the gold etc oz in ground will automatically put value on said company let a lone a mining company in production of oz. So where the price of gold is today $2042 oz is huge. has already added huge increase in value of Yanfolila mining Operation and will allow speedy pay off of small debt.
puts lot more value on %51 HUM Owned Dugbe Gold Project Liberia.
puts a lot more value on HUM New %100 Kouroussa Gold Project in Guinea which is planed to bring into production ASAP.African Bank has said they want to finance HUM to build mine up to $100 million.
Puts a lot of value on HUM %12.5 ownership of Cora Gold.
Puts more Value on HUM Bunker Hill Mining investment.
All in my own opinion & do your own research people.

Just watched a video posted a few months ago of Thor Mining CEO say their where 3 or 4 company's had shown an interest in buying Thor Royalty on Spring Hill Gold Project in Australia's Northern Territory and operated by private group PC Gold Pty Ltd.
14th July 2020. Trident Royalty bought this Royalty from Thor Mining.
Shows Trident has strength in its management and financial power to do all sorts of wealth producing Royalty deals for the company and also acquisitions of an attractive development stage royalty such as the Spring Hill Project.The royalty extends our portfolio and provides investors with exposure to a desirable commodity, produced from an asset located nearby to existing infrastructure and processing facilities in a geologically compelling and proven gold province in Australia. In addition, the royalty is structured such that Trident's upfront consideration is minimised until particular production milestones are achieved whilst retaining uncapped exposure to the growth of Spring Hill.

Wonder what the 4th Royalty deal will be.The company's 2x new paying royalty's. Iron ore price is doing well. price is up today same goes for copper price.TRR also has a new new Australian gold royalty deal . All looking good.

I am not a day trader. I am a Gold Bug.I am invested In HUM for the ride. exciting times ahead & will add more as funds become available. I know its a good game predicting future news flow etc but I don't do predictions. News will arrive,when it does.

26-6-2020. Hummingbird Resources seals acquisition of Kouroussa gold project in Guinea just over the border from Mali.Chief executive Dan Betts said Hummingbird looked forward to working with Guinea's government as it progressed the project as quickly as possible.HUM 2nd Mine to be fast tracked into production.The Future Looks very exciting times for HUM.Of course HUM still has 51% ownership of Dugbe project in Liberia with its new 49% farm in partnership with ARX Resources. ARX is Paying £10 Million to HUM. ARX will look after the Dugbe project in Liberia through a joint venture company that will be formed between HUM & ARX. ARX will have management control of the exploration programme but Betts and fellow Hummingbird director, Ernest Nutter, will join the joint venture board.This will Allow HUM to concentrate on its operating mine and new acquisition of Kouroussa gold project in Guinea.While still holding 51% of Dugbe project in Liberia. All IMO only of course and DYOR people. Exciting times ahead.

A little History. Mali King of Gold. Wealthiest Human that has ever lived. Most of that gold was probably only taken from near surface. With Modern mining Mali & Ghana truly the Land of Gold. Ghana was called The Gold Coast until independence. https://en.wikipedia.org/wiki/Mansa_Musa

Hummingbird Resources plc owns 12.25% of Cora Gold. Cora Gold Limited ('Cora' or 'the Company')
Today 29-7-2020. Cora Gold finds an Additional New Discovery at Sanankoro Gold Project Mali.
Cora Gold Limited ('Cora' or 'the Company')
27-7-2020. New Discovery at Sanankoro Gold Project Mali.
DYOR People.

Of course there will be days when a share price of any company will have its down days as well as its up days (that's investing) but I think the world is entering a perfect economic.geopolitical.pandemic storm & funds are speeding into Gold/Silver & other safe havens. So Gold and Silver is going a lot higher over next 6 months & beyond. Gold & Silver is a solid,real in your hand currency unlike virtual Bitcoin etc. with Bitcoin etc what happens if there is a power cut or if your computer has something go wrong with it or even gets hacked etc.All IMO only of course & DYOR people.

I have been watching this company for years & yesterday was the time for me to invest. I will add as & when I can. HUM seems to be going in the right direction.Company's producing mine over its teething problems.Which most new mines go through & has a second ball mill now in place for increase production. HUM Looking good and firing on all fronts including acquisition & partnership deals etc.

26 June 2020. Mining group Hummingbird Resources said it had confirmed the acquisition of the Kouroussa gold project in Guinea from Cassidy Gold, having completed due diligence.This marks a pivotable point in HUM's story and is a significant next step in achieving the company's ambition to create a sustainable multi-asset gold producer.Hummingbird looks forward to working with Guinea's government as it progressed the project as quickly as possible. First gold production is targeted within two years, with production of about 100 000 oz/y and an all-in sustaining cost (AISC) of about $800/oz over an initial five-year life-of-mine (LoM).Hummingbird CEO Dan Betts says acquisition of Cassidy Guinea and the Kouroussa gold project marks a transformational step in the development of Hummingbird and the execution of its strategy to become a multi-asset gold producer in the near term.HUM Recently released its 2020 guidance and a five-year rolling mine plan for its Yanfolila gold mine, in Mali, where the company expects to produce between 110 000 oz and 125 000 oz of gold this year at an all-in sustaining cost of $850/oz to $895/oz. A lot of exciting company building stuff going on including the company investments as in 12.25% ownership of Cora Gold & Bunker Hill mining corp (USA Silver Asset) of which Hummingbird holds 4,052,857 Common Shares, equating to an interest in Bunker Hill of 5.8 per cent. In addition, Hummingbird holds 2,660,000 Common Share Warrants and balance of US$1.6m (excluding accrued interest) of the US$2m interest bearing convertible loan provided to Bunker Hill, as first announced on 19 July 2018.

Huge Gold Dugbe project. the earn-in entitles ARX to earn up to a 49% interest in the Dugbe project,HUM will get Cash & keep 51% of project while ARX Has to spend $ Millions on advancing the project.HUM also has right to buy land surrounding project.This great deal with ARX Allows HUM to switch it's attention to bringing its new Kouroussa gold project in Guinea into production giving the company its 2nd producing asset ASAP.HUM African banker apparently is eager to finance Kouroussa to production.Dugbe could be HUM in Partnership with ARX ,3rd producing .Dugbe is a Huge gold project so needs partnership.HUM51% - ARX 49%. IMO only of course & DYOR people.

Gold is only taking a breather today & only down $3 as of now. Yesterday up $30+ and still in good shape. Gold/Silver IMO will keep going up.It proves the worlds economy is heading for a very deep depression.unemployment is and will sky rocket world wide & Russia & China are making a geopolitical move by armed force from Ukraine to Libya & From South China Sea to India china border. USA cohesion disintegrating in front of our own eyes on daily basis. Europe & Brexit Chaos. All this going on as a pandemic takes hold around world,originating from China?. All the above is potentially deadly for the citizen but good for gold & Silver.

Humingbird Resources have a 12.25% investment in Aim-listed Cora Gold,which on 27-7-2020 reports they have discovered a new 1.5 km gold zone at its flagship Sanankoro gold project, in Mali. https://www.miningweekly.com/article/cora-makes-new-discovery-at-sanankoro-gold-project-2020-07-27

Bovine Coronavirus-Covid19, all part of the same Family of Coronavirus. SYM, d2p "Viricidal Activity Agent" incorporated in a polyolefin film protects humans against Bovine Coronavirus & thus Covid19 in accordance with International Standard, ISO 21702-2019, and found a virus reduction of 99.84% in 24 hours & will last for life of Gloves to Mobile Phones also from credit cards to plastic water piping & everything plastic in-between.1% of d2p added to plastic ingredient in the factory stage of manufacturing a plastic product along with company's b2w Biodegradable Plastic Green Technology.World beating Technology that benefits Human & Planets Well being.All in my own opinion & please do your own research.

Bovine Coronavirus,Covid19 all part of same Coronavirus family. https://www.youtube.com/watch?v=ZvowKi-vv5I&list=PLnk_WM-WosgWZ5JXzVbCqEXgqiH7hXZss&index=1

The Spread has come right down to 2.78%. Looking very good & Looking at news in deal making over next 14 days. Could be sale of whole company. A partial sale of assets for cash & hopefully with a Royalty or stream or a partnership to bring in larger mines.etc,etc. What ever deal the company decides on.It should be a win,win for company & shareholders,large and small.

Just now Palladium price now over $2000oz at $2026.00 up $57.00. Looking great for our company assets & adding £$£$£$ to their worth.

Adding to bluetigeruk post below.NQ Minerals strikes significant US$41mln refinancing with ING and extends Hellyer gold off take deal. the new facility includes an accordion option which would see the principal increase to US$55mln. https://www.londonstockexchange.com/news-article/market-news/usd-41-million-debt-restructuring-with-ing-bank/14617096