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.

L2 is nearly all blue now, 3 v 2 @ 20.25/20.75

WINS and SEYP on the offer.


100K buy gone through at 21p, so a tick up should not be far away perhaps.

There it pops.

L2 now all blue and 2 v 2 @20.5/21 (KBC and SEYP on the offer at 21p)

Squeezing higher again as the timeframe for updates decreases. And still looking cheap.

L2 solid blue :

5 v 1 @21/21.75 just WINS on 21.75p offer, all the others on 22p

I have to consider increasing my holding here as the momentum grows...trouble is what to sell - certainly nothing in this sector.

If you tell us what you've got - we'll advise what to sell ?

(all in our humble opinion of course!)

Thanks Sky, rhetorical question really. I don't want to sell any of my holdings as all looking good so may just have to find some cash from somewhere.

ok...be interested to know what people hold.
For what it's worth.. I'm also into CGX, PXS, PST, IVE, MLR, REDT, MVW, NPE, VOG, EDD,MDC

i also hold damn VOG but too late to sell now. Got a big portfolio though with mixture of aggressive and large boys.

hope u do well in your picks sky

I've been buying up more stock this morning and done for now.

On the move again today :


For reference, On Line Limits are :

BUY 15K @ 21.98p

SELL 100 K @ 21.63p


L2 is blue and after the latest moves up its now 2 v 4 @ 21.5/22

Gold breaks the psychological $800 level to 27 year highs, currently trading up $17 at $804.

Only a matter of time before we start to hear news here, hopefully in the next couple of weeks.

On Line Limits :

BUY 100K @ 21.95p

SELL 100K @ 21.58p


L2 is 4 v 2 @ 21.5/22 with one MM move up today.

Interesting article on gold today in FTfm section page 14 "Treading the foothills of a gold bull market" ... last line..." so even at about $800 an ounce, the real gold bull market has not begun".

Could be ready to start edging higher again as the sector hots up.

certainly looks an interesting little company, though would like to have heard that their processing plant was now up and running - forecast to open mid last month.

i don't think this is a stock at which to throw too much cash, especially in today's very difficult markets and the arguably over-inflated level of bullion - i.e. surely there has to be a significant reaction, not least because $ (surely!) cannot continue plumbing new depths.

in conclusion, HMB is certainly a better "dabble" than many that are hyped on this BB ...... at least HMB has something solid on which to base assessment rather than just blue sky and unproven prospects

News should be imminent and then we're a producer here and revenues are expected before year end. Some of the bullish research I've read was done on gold between $400-600. As you say there's a real end product here, and a valuable one. Updates on reserves from independent Australian pros could also give upgrades.

Still under-valued even at this price and as Greyhound says, based upon much lower gold prices. Held up well in cuurent market. Might add?

I'm thinking of adding more too, except I'm already overweight and overweight the whole sector, not that it's proving a bad move. Convinced we're about to tick higher again....just have to be patient.

have allowed myself to be suckered in ..... hope it performs better than VIY and VML and GOO!