Herencia Resources Share Discussion Threads

[nevik2] 16/4/2015 13:09

All back to normal.

[stockready] 15/4/2015 23:47

how many times I have seen these sort of fake rises? many times

Lind will keep manupulating this stock as long as they get away with it.

who said GS put that stupid deal right? he didn't because Lind still here and will continue to sell on any rise as long as they can make money here. this is something I said a year ago and I noticed some people just started to talk about it now.

those cowboys had GS by the balls when they saw him signing it, they couldn't believe their eyes how lucky they are and how stupid one can be to give away that chunck of money for few millions to keep the GS salary going for sometimes to come.

i welcome any positive and constructive news....
but I doubt that to come out under GS management.

they brought on Jimmy to have some control over this derailed train but the extend of the damage os so much that even he couldn't fix it.

so this rise is based on what?

we got feaso coming?
finance agreed?
time line achieved?
managent doing excellent job?
licence on its way?
contractors sourced?


none of the above so far.... and even if the above sortrd in the next coming days, still there is no hope for HER as long as GS is runing it, certainly will be no Picachos this year if he is still around.

the other indication of this rise could be because GS is resigning .... then I believe this rise happening for good reason. could it be that?

i hope so, because I truly can't bare another BS RNS in the coming days telling us how great the assets are and we still have no means of finance in place.
that would be disaster.
let GS to dress up his usual BS... because both wise investors and also the market know that well.

we need a change in the right direction and I would like to see Jimmy to take over and bring some sanity to this company.

enough is enought

[steeplejack] 15/4/2015 17:07

RNS tomorrow?.....Probably not,afterall,AIM companies are like Fort Knox when it comes to news leaks!

[nevik2] 15/4/2015 16:28

Well someone wants them, easy enough to get a price, that often takes a long time.
So we have a buyer.

[nevik2] 15/4/2015 16:13

L2 all gone blue

[martyn9] 15/4/2015 15:46

Then why the hell if there is some kind of louse up,they don't inform us with news? apart from sinking the share price even lower, but at least we will be aware of the facts!!

[chablard] 15/4/2015 15:10

No licence is ever applied for or given before FEASO.

It's the feaso we are waiting for, and quite frankly would have thought we would have had it by now unless it's linked to finance and/or stage tenement payment. Imo

[nevik2] 15/4/2015 14:26

So why no license, surly we have enough funds to get a license through, what could possibly instantly add more value to HER than a license ? How could we get any investment without a license.
Try pitching your mine to the dragons without a license, "its in the post" will not do.

[thrgef] 15/4/2015 14:07

Drowning in your own negative sentiment here guys. However, I will be first to admit its difficult to stay positive

[steeplejack] 15/4/2015 13:58

I rely upon you Steely to keep me on the straight and narrow!GS is responsible for Guamanga and Picachos.As bridges go,Guamanga proved to be a rickety footbridge of dubious safety.Sadly,we have yet to cross any bridges despite the fact that numerous signs have been erected promising easy passage across the rapids.La Serena was peripheral to our needs I guess in these parlous times.Here's hoping that our Graeme doesn't turn out to be the ferryman across the River Styx.A ruinously expensive crossing if it proves to be the case!

[steelwatch] 15/4/2015 12:09

steeps - when you say they are selling assets, they started with 2, added 2 and sold 1, leaving 3. Serena would have been a bridge too far in the current climate imo.

[steeplejack] 15/4/2015 11:48

Well,one way or another,he can't stay quiet for much longer.I don't think that Herencia is a Lenigas type play unfortunately.His vehicle Polo Resources and Rare Earth Minerals/BCN seek out opportunities that make sense with asset calculations on the back of an envelope.Here,we're really talking about survival.Afterall,the company is now selling assets when conventional wisdom is to invest when times are poor which hopefully yield long term rewards ,comparable to the benefits of advertising in a recession.The question is whether GS can even raise finance for Picachos in this market.Chinese growth is 7% currently but a number of commentators are now suggesting that growth could fall to as low as 5%. Is this the backcloth which is going to send investors scurrying for cheque books to fund a copper project.Sadly,GS talks the talk but can he walk the walk.

[jarnold231] 15/4/2015 10:48

I've not had a reply either. Everyone seems unanimously peeved at current delay and lack of info. He's in a bit of a hard place - one hand people saying too many RNSs on the other hand I'd be very much in favour of an update. Could lack of anything mean a big RNS on the way? Or if there was any meaningful change it would need to be reported?

[steeplejack] 15/4/2015 00:15

No...it's turning into a pantomime.GS is a total clown because he can't keep his trap shut.If he doesn't know the incidence of Chilean holidays or the likely date of this license approval,then he should exercise sobriety.The market doesn't like guess work.

I haven't forgotten that GS offered a bottle of wine to the audience participant who could spot the error in his Dec 2013 slide show presentation at a mining seminar held at Tower Hill.A prize to spot incompetence!Disturbing.Hopefully,he's got a few cases of Montrachet chilling.

[stockready] 14/4/2015 14:19

but it is now close to completion and on track to be delivered this quarter.

SO it means you failed to deliver it this quarter (Q1),
a failure which is becoming a norm here,

so Mr. GS, what are you exactly doing here?
keep drilling, promising, and when it comes to production you have no idea, or the project gets stalled for various BS reasons!
we don't want the management like that, we want people who can deliver, can manage expectations, and can manage the performance,
you have done none of the above, and have no shame of that to at least say to everyone you are responsible for all of this damages, and for that reason just pack it up, resign and move on!

we had enough!

[stockready] 14/4/2015 12:52

then Feb comes this BS:

Graeme Sloan said, "the Resource work has taken a bit longer than expected, given the traditional summer holiday season in Chile, but it is now close to completion and on track to be delivered this quarter.

...................
YOU KNOW THE SUMMER HOLIDAY AT THE START OF THE YEAR

[stockready] 14/4/2015 12:51

Yes a world of wisdom from GS on 19th January (below)
I leave that for you to judge these amount of BS,
we are now in the middle of April, where is the bloody feaso??????
...................................

The next step for the company, the delivery of a maiden Resource Estimate for the 40M Shaft, development of a mine plan, finalise the metallurgical test work, complete the next steps in the permitting and approval process and look to deliver the preliminary results of the Feasibility Study by the end of 1Q15".


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