Up 4% this morning following IC recommendations. Wide spread I think, but the IC article says Hambledon are working on a Russian exploration in Sekisovskoye, which it recently acquired.

Seymour Pierce analyst apparently have a price target of 9.2, but depending on outcome of Russian exploration this could go a good deal higher.

Interesting, but DYOR please.

I suppose that a lot of the latest news is priced into the SP. They require a
Hazardious Material Lincence, hopefully this along with the pouring of the first
Gold will tie in with Indepenence Day the 16th Dec.
This might help some but it will in my experiance take time before we see any
real movement,check out MCR who recently started producing and KMR which took
quite a time after production start up before any effect on the SP.
It will be news of revenue which will be the real mover of the SP?
imho
cyril

we are getting close to the 16th and it will be interesting if the buying increases and of course the s.p. reacts accordingly
watcher

we are getting close to the 16th and it will be interesting if the buying increases and of course the s.p. reacts accordingly
watcher

Today is "Indepenence Day" and the first "Billet of Gold" should have been poured.
If this was achieved then we should get an RNS tomorrow, which will not only
derisk HMB it will mean they have all necessary licences in place?
cyril

Well no RNS today,was expected so could be a few hitches?
cyril

never a good sign ..... small companies in particular need to keep to their dates and promises if their credibility is not to be damaged

there always is...nothing goes through smoothly...up 'til now it would have seemed too good for this to go to plan and then the sp to instantly be a 4/5 bagger ! and all b4 xmas as well!...but...you never know! we could get something later today/tomorrow morning... keep the faith!

in this case i agree with cynic...you have an optomistic veiw if dates and milestones are put in place by companies......we will no doubt see what happens next

watcher

HMB have a history of being late, something to do with the country they operate
in i believe.With Christmas trading along with lateness, could present a buying
opportunity?
cyril

Mining companies are notoriously late no matter where their territory is. Hambledon have made big strides and is just about to become a producer with a revenue stream (and not really late in my book). Now\'s the time not to be throwing in the towel in my opinion. Seriously considering another stake here now.

did not say "throw in the towel" ...... i merely made an observation about keeping to dates etc ...... if they cannot do that, then they should at least preface with a caveat

Not to say there won't be an annoucement this week or before year end yet.

Good to see production has started at Sekisovkoye - all running to plan and I'm pretty impressed with management's achievements on this one to date.

even if market just shrugs its shoulders

Yep, looks good.... don't think the sp will shoot up quickly but will steadily rise over the coming yrs/months as production, revenue and cash flows increase.

Excellent news this am, 1st gold pour on 26th,the market who recently subscribed at 17.75p has reacted in a positive way considering its XMas and the news was
expected, so no surprise.I particularly like CEO Nigel Bridgen's statement of
producing from 2 sites and the potential to significantly increase production over the next few years? Also equity fully funded and look forward to strong cash flow,
NB owns over 21% of the company, As one analyst put it these prices are small potatoes against the long term value.
cyril

I don't beeelieeeeve it ! it's going down ? time to top up or what ?

skyhigh, Patience its the time of year,peeps requiring money for Xmas Dec S/Bets
closing,the mm's know this and will take advantage. Now we have 1st gold shortly,
expected to rise above $1000ounce and possible 40000ounce's so somewhere near to
20m in revenue for 2008 and thats for starters. Its why one analysts called
these values "small potatoes" once again patience,your decision whether you top up or not.
cyril

charts are of fairly limited value on these minnows, but would not be in a hurry to buy ..... perhaps do so when sp hits 200 dma, which should give support

http://www.resourceinvestor.com/pebble.asp?relid=38895
cyril