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Hummingbird Resources Ord Shs HUMRF

Hummingbird Resources PLC is a multi-asset, multi-jurisdiction gold production, development and exploration company. The Company has two core gold projects: its flagship asset, the Yanfolila Gold Mine in Mali, and the Kouroussa Gold Mine in Guinea. It also controls the Dugbe Gold Project in Liberia. The Yanfolila Gold Mine is located in southern Mali, and is a high-grade open pit mining operation with significant underground potential. The Kouroussa Mine is situated in the prolific Siguiri Basin in Guinea and has a high-grade resources base of 1.2 million ounces (Moz) at 3.02 grams per ton (g/t) and Reserves of 647 koz at 4.15 g/t. The Dugbe Gold Mine is situated within the Dugbe Shear Zone and crosses its Dugbe and Joe Village Licences. The Dugbe Shear Zone is located in south-eastern Liberia, located 40 miles by road from the deep-water port of Greenville, the capital city of County Sinoe. The Dugbe Gold Mine is made up of three mineral-rich discoveries (Dugbe F, Tuzon and Sackor).


OTCPK:HUMRF - Post by User

Post by carinthianon Jun 12, 2014 10:24am
178 Views
Post# 22653107

Well...

Well...then I allow myself to open the bullboard on this stock just to show that we have decent juniors listed in europe as well! :-)

https://www.hummingbirdresources.co.uk/

The have the Dugbe with something like 4.2mio ounces in Liberia and today bought 1.8mio ounces in Mali which they plan to bring into production by the end of 2015. So 6mio ounces reosurce with around 9mio in the bank....

All this comes with a market cap of something around 80-90mio C$.

And finally Sprott owns around 9% of the company (pre todays action) - judge yourself if you put this on the plus or on the minus side! ;-)

Would appreciate your opinions! DYODD
carinthian

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