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 guess another 8% today means it will!

AIM-listed Hambledon Mining says it will proceed with the open-pit mining phase of its Sekisovskoye gold project in Kazakhstan after positive results were returned from a feasibility study...

I read that further news expected early June as well..

Bought-in today just under 9p.

I guess finals (maiden) will be in April, which even if it does not provide much extra info (I think we're fairly well in the picture now), should help give a little exposure.

Good to see you here, Andy.

Was mentioned in Sat.2/7/05 telelegraph regarding the Co under Small caps .
This wks update confirmed there is likley to be apr3.5m ozs compared to proir estimaites of 2.5ml ozs
with gold near surface it should be cheap to mine
Houes broker seymore pierce has target price of 0.26p based on value of gold@ prestent price is speculative Buy

Hambledon Mining - from Daily Telegraph

HAMBLEDON Mining may finally have struck gold. The explorer has received an important permit from the Kazakh authorities which will allow it to proceed with the development with the Sekisovskoye gold mine. This should allow mining by the end of the year. As the gold is near the surface, the mining should be relatively easy. The company has hired 100 out of the 250 workers needed.

Some UK companies have experienced difficulties doing business with Kazakhstan. But readers should hold on, following our recommendation at 8p last year. This week the shares hit 14p. House broker Seymour Pierce has raised its target price to 33p. Keep on buying.

Bought in this morning @ 14.24p (small time but will top up at these levels.)
In for the med/long term on these but all the write ups I've seen for HMB has been impressive.
Of course, HMB has to now deliver when they are expected to before we see SP upside but for the moment it all looks good. (imho)

ooops ! sorry 'bout that guys... I bought in and the sp has dropped... typical me!
It was a decision between this and MSQ (or GMC) looks as though HMB has a bit further to fall afterall ? :(
(Going into MSQ or GMC next week )

I selected the shares on the UPS thread this morning........

"UPS"

HMB 13.25 - 13.75p
Bouncing from support after being at oversold on the Indicators,
large volume for the last couple days,
has lately update on doubling the estimates to 2.7M oz of gold,
production start next year, Gold prices going higher lately
and MMs are bidding 13.50p for the shares online

imho sp is cheap as chips ! good time to top up...

skyhigh --i was in from the start and top-up when cash comes available---out
of my 28 high risk investments this is the safest - it's a no brainer imo baring
a 40% drop in POG, which we think we know is most doughtful. Also topped up
with some more Avocet (no ramp ) @ 1.74--- both will bring happy christmas !!!

Just jumped aboard @ 14.4p & was wondering why this has really not moved much at all, seeing as any news regarding gold recently has been nothing but good ? Add to this cheap extraction & the price at the mo has to be appetising or have i missed something that's not obvious ? Surely this has a long way to go IMHO. Any other views would be most welcome

Recently bought into this company, at less than 15p. With production just weeks
away i feel fortunate to have got in at such a price. 1st production expected in
2nd quarter, so June we should have output if all goes to plan?
cyril

House broker Seymours say the company is massively undervalued

cool! bring it on!

Production is delayed more likely to be July/August. Seymours feel its
undervalued by 3, which suggests 40p+?
cyril

Seymours tipped it at around 14-16p which suggests 48p target.

Bought into these this afternoon. Interesting play in mining, would appear to be undervalued on forward earnings and potential take-over target in future?
.

Welcome aboard andysmith...the more the merryer! ...onwards and upwards

good decision andy..they are tipped to see 30p and from last release things going well..see you on the upside soon
watcher