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Hambledon Mining - a gold star? (HMB)     

g64946 - 25 Feb 2005 08:24

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.

skyhigh - 13 May 2008 10:22 - 261 of 352

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

niceonecyril - 13 May 2008 10:49 - 262 of 352

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

Kivver - 13 May 2008 10:57 - 263 of 352

why the fall do you think!!! shares.com recommends has a buy!

cynic - 13 May 2008 11:02 - 264 of 352

disappointing RNS and not looking to get much better anywhere in the near future

niceonecyril - 13 May 2008 11:11 - 265 of 352

Agreed, disappointing RNS, but as a long term hold it will come good as its
producing and selling Gold (theirs also other (silver)minerals)although not at present, the quanties hoped for. But as one analyist stated when higher than todays SP "small potatoes". It will come good and returns in excess of 100% over
time are not overly optomistic?
aimho
cyril

cynic - 13 May 2008 11:44 - 266 of 352

depends how long you are going to live ...... no compelling reason at all to be in this stock ...... as i said, CEY is a much better bet .... and no, i do not currently hold it!

niceonecyril - 13 May 2008 16:34 - 267 of 352

Cynic theirs a saying in the ,its a means of transferring from the impatient to the patient.
For me both will require that patience, more for a investor than a trader. but
both have excellent upside.
aimho
cyril

BigTed - 13 May 2008 19:47 - 268 of 352

I believe its a buy at this level, for the longer term, all the bad news is out now, they are producing, Gold price is comparitively low and if there is any upgrade of metals/minerals found, sp will improve...

cynic - 13 May 2008 20:15 - 269 of 352

straw is gold-coloured too

andysmith - 14 May 2008 17:07 - 270 of 352

AHHHH, my stop got triggered earlier this week, cant see why HMB is taking a hammering considering that they are in production and have low forward PE.
I guess the question of whether a fund-raising will be needed following the delays is driving the price down but I will keep on watchlist and buy back in at lower price.
Cynic, HMB has a good mid-term potential with its gold production, I guess you rank CEY as a better bet in your opinion but no need to keep slating a company that is tipped as a buy from several brokers. Good luck with CEY though, it also looks a good investment in the area of gold.

cynic - 14 May 2008 18:03 - 271 of 352

i care not whether or not brokers rate HMB ..... i don't and shall say so if i so choose ..... how often are brokers wrong? ..... more often than not? ..... i wonder

by the way, i do not currently hold CEY

tudwick - 26 Jun 2008 18:28 - 272 of 352

Heard a rumour, news being released next week should get the sp moving in the right direction again. Apologies, as can't give any more detail, as the `broker/advisor' wasn't allowed to give me any precise details, but no benefit in him lying to me, as he knows i have no spare cash to top up anyway, so still only hold a small amount.
Here's hoping he's proved correct.

BigTed - 26 Jun 2008 18:55 - 273 of 352

Have been toying with topping up here, the worst is over - i imagine... just waiting for small gold producers to become flavour of the month again!

BigTed - 26 Jun 2008 19:48 - 274 of 352

In fact i think i will put my money where my mouth is tomorrow, despite the horrid looking chart - the RSI is ridiculously oversold...


Chart.aspx?Provider=EODIntra&Code=HMB&Si

Greyhound - 27 Jun 2008 08:22 - 275 of 352

I too think this is a good buy and am considering topping up. We are now producing and profits will start to crystallise. These minnow miners take time but I'm not writing it off.

scotinvestor - 30 Jun 2008 11:11 - 276 of 352

gold has went up more than 50$ in last week and this still falls...hmmm....and its producing gold now too at this high price

BigTed - 30 Jun 2008 18:53 - 277 of 352

Big producers will go up first with institutional backing, the minnows/exploration co's follow later... haven't topped up yet, might see if 8p is on the horizon, but i think if this comes back to popularity it could climb 3/4p easily - thats 30/40% from this level...

halifax - 30 Jun 2008 20:16 - 278 of 352

There has to be a reason for the sp decline, can we expect bad news?

BigTed - 30 Jun 2008 20:23 - 279 of 352

I would have thought more to do with continuing the slide after the recent placing and general market sentiment, but hey ho, i admit its not looking good, although that is usually the time to be buying...

cynic - 30 Jun 2008 20:24 - 280 of 352

try TAN then lol!
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