Member Info for Punter64

haha, yeah that was what I was thinking. Very hilly terrain so you can see why there is a high strip ratio, certainly not an easy place to construct open pits. Hope those artisanals have left some gold behind.

playboy007, could be, should be!

44p seems fair enough considering it was around that price just before production started. It was only the shooting and pit wall problem that dropped the sp. Now that steady consistent production is being churned out this must recover to previous levels, particularly as gold is now considerably higher!

Finally gaining traction here. Slow steady rises suit me nicely to avoid a boom and bust. Still well undervalued and a long way to go IMO.

I dont think any drilling is planned because MC has decided the market doesn't give a stuff about drill results. CORA released some good ones the other day including 70m at over 2.5g but the sp ended the day slightly down so perhaps he is right?!

Same as the other day, a chunky sell below the bid price - not good!

Yes, good to see such positive results for CORA which can only be good for HUM too.

First results from current drill campaign show lots more gold with several long intersects at decent grades. Very encouraging.

That is disappointing news re Calibre - seems several years away at least - doh! Also after listening to Ross Beaty in the link below it seems he doesn't rate MC much and apparently 'he is not well regarded in England'? Not sure where he gets that from? A bit of a concern nevertheless.

Frustrating that this never holds on to gains for long. Like you barnard I will try to add a few more if and when it hits 20p again in the expectation that there will be significant developments later in the year. Bit wary about some dilution at some point to fund developments, although the recent sale of a concession helps on that score.

Good to see. Perhaps Dan will follow them in?

22.5p paid so CNR could rise further today. Seems that a lot could be happening here this year !

just type in **********.co.uk before the slash

link ****************************/articles/seeing-machines-hummingbird-resources-and-prospect-oil-gas-33c5e7a

Juxtapose, that is music to my ears. The sooner they get that 1 million oz into resources the better - it is crucial for the sp that the life of mine is extended significantly IMO.

I think extending LOM should be a priority for HUM and Dan should get at least four or five rigs out there throughout the dry season.

Should of said current Mcap rather than sp!

Current sp is approx 1.5 years of current free cash flow!!

Good update today. The next three years should see free cash flow of approx $78,000,000 pa. The output for the following years is likely to be higher than currently stated following ongoing drilling. The current sp is clearly too low in my opinion.

Just added 20800 shares. With hopefully decent news due next week and gold trending up it seems like a decent punt!