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.

http://www.resourceinvestor.com/pebble.asp?relid=39110

Interesting read and helps the cause.
cyril

The first gold pour will take place on 26th December in the presence of the Akim
of the East Kazakhstan oblast and the Akims of the Glubokoye and Sekisovskoye
regions. The event will be televised by 'Habar', 'VKTV' and '31' channels.
Representatives of the Government of Kazakhstan will also attend.

and did this come to pass?
if so, i am amazed that HMB have not issued a statement to the effect and made at least some small PR brouhaha

http://www.interfax.com/3/351033/news.aspx
cyril

I think they did announce it: The first gold pour will take place on 26th December

but did it? .... and if so, what was the press and other reaction etc?

I read the link from post 186 as confirming gold is being processed?
cyril

I see the Interfax annoucement too on my Bloomberg terminal on 27/12 and Seymour Pierce price target on buy rec now showing 38p

Nice to see some strength again.

We look about to tick higher again, ask getting pressured. I understand we'll be seeing pictures (on their website I assume) of the gold pour - and perhaps further update?

Excellent read on gold:
http://www.kitco.com/ind/Kirtley/jan022008.html

but HMB snoozes on!

Happy to hold while production kicks in and the profit stream starts.

Interesting site, your looking for Dan Norcini
http://www.jsmineset.com
cyril

Any idea anybody how high in the next 6 months this could go and is it worth buying in now ?

i hold, but think CEY may be a better bet (see FTSE thread re this company)

Still on forward PE <5 so IMO now a producer this could double from here but maybe >6months.

would still go for CEY and i hold both ..... see this week's Shares Mag for added firepower

http://business.timesonline.co.uk/tol/business/industry_sectors/natural_resources/article3136550.ece

cynic you refer to CEY as a dinky gold producer,i thought the mine was due to start up later this year?
I hold both and feel that long term CEY will outperform HMB but short term and in the present environment the later will do best due to production. Once revenues and cost are known the true value of this share will be realized.
cyril

i actually hold both too ..... it's just that i think CEY has much larger proven reserves ... please feel free to correct me, but yes i think you are right, that CEY won't be in (full?) production until late 2008

I'll be pleasently surprised if CEY hit their time objectives, miners rarely meet them
(HMB being a good example)for that reason maybe 2009? In these troubled times (dow dropping like a stone) cash is king(revenue), it is for that reason alone why short to medium HMB imo will outperform CEY. Long term the 11m ounces reserves and increasing of CEY will undoubtably tell.
cyril