Member Info for TigerByTheTail

Hi Visitor!
You really are a sour loser, aren't you? It turns out that I was 100% right about Bunker Hill, even down to the dodgy Scott Pruitt signed off EPA deal, which is now unravelling. And you were 100% wrong, admit it. You should ask yourself what West African gold miner Hummingbird's absurd involvement in a lead-zinc mine project in the USA, which then turns out to be a pump and dump scam, says about the board of directors here. IMO nothing good, I'm afraid. As I wrote before, Dan Betts is either stupid or crooked. I'm not sure which, but neither is good.
If only Hummingbird's problems here were as simple as fixing a bridge and a pit wall! Hummingbird is definitely a company I prefer watching from the outside for now. A recovery here is still possible, but time is limited.
As for Jubilee Metals, my smallish investment there is based on personal recommendation from my brother, who knows CEO Leon Coetzer, and who rates him very highly. It will come good in due course, though the real share price rerate is probably still a year away.

You really haven't read JLP's RNSs, have you? If you don't think Hernic turning out 2,500 low cost PGM ounces in a month isn't good news, or all the info in yesterday's results, then there's no help for you.
Now can you leave off your pointless fact free deramping?

Hi Allthatguff!
Alternatively, you could actually read the accounts and see that the company has increased its cash position from about $4m to about $6.5m over the year, and that all other financial indicators are heading firmly in the right direction. So, no placing required. (And that's without allowing for the recent record production from Hernic).
Really, your post is nothing more than worthless weary ignorant cynicism. Consider it deramped.

More importantly, the Zimbabwean Minister of Mines, Winston Chitambo will be there as well. So a superb opportunity to get him on side!

I've only skimmed the results so far, but they look very good. Very small operating PROFIT + strong and improving cash position. Lots of good development news as well.
Added a few at 2.2p. IMO, share price should rise strongly over the next few days on the back of this.

Just to echo Jayfella, IMO it is very significant that a top government official, on the record, has praised Vast and welcomed their involvement in a part of the Marange diamond fields. This really matters. It's a crucial step forwards for Vast in Zimbabwe.

Hardly a pointless RNS!
Strong expression of support from regional government (very important, see statement on website) + clear forward progress towards joint venture with Red Mercury. Clearly, Vast need Zimbabwean government to announce the new diamond policy (flagged for within two weeks by Minister for Mines Wnston Chitambo) before contracts can be formalised.
So, still not a done deal, but moving forwards...

A little concerned by today's RNS - especially by the repeated mentions of the difficulty of obtaining foreign exchange in Zimbabwe. Although, that said, RioZim are now back working again, so that's a good sign.
Is this a warning that we shouldn't assume the dividend is a foregone conclusion?
"Caledonia pays a quarterly dividend of 6.875 US cents per share at the end of January, April, July and October respectively. The profitability and cash generation of Blanket Mine remains strong, however, Caledonia's ability to pay dividends is dependent on the ability of its group to make payments from Zimbabwe."

Last year the results were published on 10th November. It's only the 13th today. Hardly a significant difference!

Hi Schmoops! That's also my take on the difference in the Vast vs. Eurosun share price performance.
It's all about the differences between TSX and AIM.

Hi Tom!
Puzzled by your post - "the company paid off a chunk of debt in Q3".
I don't think so - debt to Coris Bank started out a $60m (at 9% interest rate), then at end of Q3 was still $58m, even though they should have paid down $5m principal as well as the interest due.
The implication is that they are falling behind in paying down the principal.
I don't understand fully Hummingbird's free cash flow position, chiefly because the company won't release enough info. But I do understand enough to say that something is horribly wrong with the accounts. Certainly, the Q2 results can now be seen to contain several blatant falsehoods, such as the statement about net debt. It's for this reason I regard this stock as absolutely toxic.

I suspect Matnotan and I have diametrically opposed points of view about BKY's Retortilllo mine - I'm in favour of it, as Europe will desperately need "green" nuclear energy to replace fossil fuels asap, and he is against it for some reason or another.
However, he is right about one thing. There is a lot of opposition to this project at local and national level in Spain, including from the responsible minister, who has called it "morally repugnant".
So I can't see this project going anywhere as long as the PSOE and Podemos are in power.

Well, I just sold my last few shares in Hummingbird. Fortunately I got most of my money out at around 26p, but I still count this as my worst investment ever.
As always, "the fish rots from the head". That is, a bad CEO makes for a bad company. And Dan Betts is unquestionably a very poor leader - impulsive, reckless, arrogant, self-entitled, greedy, overpaid, stupid enough to fall for an obvious scam and to waste $2m of shareholders' money, and too cowardly to face his investors. He SHOULD be removed for the common good, of course, but this is AIM, and that's just not how things work. Especially, when HUM's BOD is completely dysfunctional.
I wish all remaining shareholders good luck here. But my own opinion is that this company will need to raise fresh equity in a few months' time, and the share price will go on drifting and lurching downwards until it is eventually put out of its misery and taken over for a song.

Yep. Let it be remembered this company paid an annual dividend of 5p per share twenty months ago, and 5.25p early this year. For my money, this is a very good value "buy".

To an extent the "initial assessment" of the Heritage Concession is "old news" - it's really based on the desk-top study.
There should be (at least) the results of James Campbell's field study of the concession next week, based on his visit there. (And, remember, James Campbell of BOD is probably THE world expert on alluvial diamonds). I'm hoping that will cause this share to rerate when it confirms the concession is diamondiferous, just like the rest of the Marange.

I don't think you need to be a believer in "1" codes to think that there is a lot of news coming next week - probably quarterlies and diamond news from Zimbabwe, plus possibly Blueberry drill results, T2 funding received, and Baita Plai development plans.
"I wouldn't want to be out of this over the weekend!"
(I've always wanted to write those silly words).

IMO, the share price should never have dropped down to 410p. It was just an inaccurate read across from Rio Zim's problems.
FWIW, I'm far more of an optimist about Zimbabwe than many on this board. The current administration might not be perfect, but they do seem to be serious about property rights and opening up Zimbabwe's economy.
I wonder how the market will react when CMCL announce a new mine acquisition, which I expect fairly soon. Judging by Vast's takeover of the Eureka gold mine, valuable assets are available and incredibly cheap in Zimbabwe right now.

Yes, nice to see SP bounce from these incredibly low levels. I've got no idea what is going on, though.
It's a month too early for the JORC results, isn't it?
Have rare earth prices spiked upwards?

Not publicly - but there will be internal recommendations circulating already.
The general public are always the last to be told what the analysts think!

Judging by the share price drop, some analyst didn't like what he heard at the Capital Markets Day.
But, for the life of me, I can't think what it could be. It all sounded very positive to me, and HOC came across as a very well run company.
Ideas, anybody?