At one time I quite liked the look of Hummingbird Resources (HUM) and its gold mining operations, but unfortunately, like so many AIM listed resource stocks, its potential looked better than what it hasactually turned out to be!
Hello Share Bundlers. This old punter rarely looks at small miners, given a history of losing money in the game. But with my fellow writers praising the prospect of a rising gold price, there is one company which rather takes my eye.
When it comes to investing, I’ve always gone on the basis that you should always react to new information, not necessarily in terms of buying or selling, but certainly in assessing upside potential and risks – even when that emerges soon after you’ve made a decision as to whether or not a company is worthy of investment.
Mining companies often operate in parts of the world that you definitely wouldn’t consider to be safe or politically stable, but despite that many of them operate fairly smoothly and rarely have major issues when it comes to their mines.
Shares in Hummingbird Resources (HUM) have recovered some of previous gains having been hit by the military coup in Mali...
Hummingbird Resources (HUM) “is pleased to announce the signing of a binding heads of terms agreement for the acquisition of the Kouroussa Gold Project located in Guinea”...
There has been some strong gold-related share price rises in recent weeks – we recently noting here Bluebird Merchant Ventures and last month’s tip of the month Trans-Siberian Gold is already comfortably up from the then 60p. Shares in Hummingbird Resources (HUM) have also recently been rising... but a current 28p offer price compares to more than 24p reached in January and still below what was reached in February despite gold now comfortably higher and a recent “Q1 2020 Production Results and Operational Update”...