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.investegate.co.uk/Article.aspx?id=200803100702276977P
Some good news for holders.
cyril

hope so!
we'll see how much it's cost and if they need to raise more finance.

Skyhigh i believe that HMB are debt free and the loan facility is only a
precaution?
Here's a report that might bring a bit of cheer, gold $3000+/ounce.
http://www.financialsense.com/fsn/main.html
You need to goto 1st March and its Gold Roundtable.
cyril

No fines were imposed on the Company.

That was the bit i was waiting for... onwards and upwards.

http://www.resourceinvestor.com/pebble.asp?relid=41459
cyril

http://www.iii.co.uk/investment/detail?code=cotn%3AHMB.L&display=discussion&action&id=3972727

For me this will drive the SP northwards to the levels proir to the explosion.
aimo
cyril

bought some more this morning to add to my previous buys... this low sp was too tempting to ignore!

Skyhigh i must agree with you, sorely tempted to increase my holdings. I feel its
just a matter of a few weeks before news of restart of production following the
accident,which will trigger improvement in the SP?
cyril

http://www.investegate.co.uk/Article.aspx?id=200804230700488967S
We're off again.
cyril

SP might take a hit to start with but then should strengthen as we run up to the much anticipated "first sales" RNS ? and beyond !

good news at last, hopefully, we should see a slow gradual rise in the sp. production/revenue projections should be in the next results rns due soon... :)

HAMBLEDON MINING PLC
(AIM: HMB)

Sekisovskoye Fully Operational

Hambledon Mining plc ('Hambledon' or the 'Group' or the 'Company'), the
AIM-listed gold mining and processing company operating in Kazakhstan, is
pleased to report that Sekisovskoye is now producing gold.

Since the resumption of operations last week, 26.7 kilogrammes of dore have been
poured at Sekisovskoye. Following assaying, the dore, together with about 6
kilogrammes that had been poured previously, will be shipped to Almaty and from
there to Europe for refining and sale.

Following an inspection of the mine and process plant by a government committee
comprised of the various environmental, safety, design and other departments
involved, official approval of completion has been granted. This means that the
formal commissioning period is now over and regular production has commenced.


Nick Bridgen, Chief Executive of Hambledon, said:

'I would like to thank the team at Sekisovskoye for having done a magnificent
job in getting the plant back up and running and approved by the authorities.'

1 May 2008

good positive momentum finally.

Guys for anyone wanting to top up their holdings, the share price rects well to 20 day ema crossover and contracting bollinger band, both indicators confirm each other and are easy to read.

These are good times to add to holdings for the next rise.
good luck guys 35p initial target from here anaylst concensus, but i think it will go higher eventually.

Fed up with HMB...have decided to sell up this morning and go into EDD. their results are due 5th June and should see a rally up to then and to push on on /after results..

May come back into HMB then if they are still at these levels

Good luck to all!

why would you want to throw money at HMB again having just been walloped?

Still believe HMB will come good in 6/12 months.. in meantime can't see the sp doing much....

EDD going up already this morning after I bought some more....I nearly bought more IVE which again has gone up on the the back of an excellent RNS !

you would be far better served with the likes of CEY

ok.. I'll take a look at it - thanks

I hold CEY for the reason it is ISAble, it has a great future but is some 12months from 1st production. Anyone looking for stock with a short term view, may i recommend CLN which is in talks with CBM with a take over most likely and the
price is expected to be not less han 60p current SP at 47p, news could be very close? The beauty of CLN is its coal and the hottest resource(and expected to last into the near future) out their.
imho
cyril