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.

topped up this morning with my GTL proceeds, having lost 50% with GTL I'm hoping to recoup it with HMB over the few months!

Gold price touted to $800, some even quote $20 in the coming turbulent years. This is a great opportunity not to be missed. Looking at GFM as well, seems to have been forgotten lately.

HMB moving nicely today.

i watched a gold chartist on tv and he said put a "1" in front of gold price now in say 5 years time

For those that wish to know :

L2 1 v 2 @19.25/19.5 (SEYP and KBC on the offer).


One Line Limits are :

BUY 1K @ 19.5p (yes just 1K at full offer price)

SELL 250K @ 19.35p

SP up, 21p and almost 3million shares traded so far today.
cyril

Stonkingly good day :-), cleared my NRK loss, keeping the faith with gold these days.

Some heavy buying, which would tend to suggest institutional interest. A firm hold for the coming 6 months and we should be looking at at least 50% gains from here, imv.

Shake over.

L2 now 2 v 4 @20.25/21

On Line Limits are :


BUY 10K @ 20.96p

SELL 50K @ 20.58p

I've been topping up here for the medium term.

http://www.minesite.com/fileadmin/content/pdfs/Brokers_Notes_3/16_May_-_Hambledon_Mining.pdf

16th May 2007 at @14.5p (and so implied trading price of 43.5p)

"................Against the US$138/oz of resource and US$5,778/oz of annual production paid by Kazakhmys for Eurasia Gold we estimate that Hambledon is
currently on values US$34/oz and US$1,677/oz, respectively. While
Eurasias rating reflected its restricted free float we believe that
Hambledon should be trading at least at 3 times its current level. BUY........."

papal, thanks for broker update.

Write up on TMF from the 20th Sept :

http://www.fool.co.uk/news/investing/company-comment/2007/09/20/bitten-by-the-mining-bug.aspx


.

just catching up with the s.p. so we aren't getting it all our own way ref the creep up..but gold rising and production progressing..very happy to hold

watcher..back to the footy

Turning back up now and mining set to stay in key focus going forward.

switch into lrl if you want to make real money

http://www.resourceinvestor.com/pebble.asp?relid=36355

Wall Street Pumps Up Gold

By Ben Abelson
08 Oct 2007 at 01:56 PM GMT-04:00

CHICAGO (ResourceInvestor.com) -- Just as with their buy-side brethren, bulge-bracket Wall Street analysts are often perversely incentivized to..............................................................

don't really know anything about this company, though "friend" Greyhound is a fan which is why i have posted a chart ..... looking at it, i would not be at all surprised to see sp drop back to 50 dma at about 17.75 or even 200 dma at 16.25 ..... given sp's reluctance to breach that level downwards, that would certainly seem to be a good entry level - always assuming you want the stock in your portfolio!

Showing a bit of strength today, good to see, as this has plenty of upside potential.........

Not too long before the expected update I surmise. Another $10 on gold adding to the upward pressure.