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 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...

straw is gold-coloured too

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.

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

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.

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!

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

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.

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

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...

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

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...

try TAN then lol!

Has been crossing my mind Rich...!

gold up to 942$ now so why does this keep going down....it makes no sense esp as its a producer now

Likewise, gotta be honest but now seriously beginning to doubt the `broker/advisor' who told me last week that this company will announce some seriously good news this week, that ought to raise the sp significantly..... looks highly unlikely to me at this point in time.

most brokers / advisors are garbage or else they wouldnt need to do the job.....remember all the brokers that tipped marconi!!! i saw one on business after it plunged to a quid and the broker told people to hold as they would would bounce up......that was gerrards i think....they r woeful.

Fair point

Is Hambledon really producing gold? The pics presented on their website looks like this is a very tiny operation, and the smelters and processing equipment more suited to a garage home industry.The annual report is due out, supposedly on Friday 4/07/2008.The share price trend before results or an anouncement, is usually a fair guide of what kind of news you can expect.

yes it is......i think market wants evidence of consistent producing 1st.

nick bridgen is also mystified by very low price in recent days from my informed source.