Herencia Resources Share Discussion Threads

[granitetim] 06/10/2015 13:13

Still drilling holes I guess.. They need to dig it out..
#simples

[sleveen] 02/10/2015 16:34

400k current assets v 800k current liabilities.

Guess what's going to happen soon (even though 500k was raised recently).

[martyn9] 02/10/2015 16:12

The only pit GS would be good in developing and in charge off, would be a bloody sand pit or perhaps i have given him an injustice 3 sandpits no problem.

[stockready] 01/10/2015 11:25

lets review what this dummy said on 17th Sept:

Given the four zones are all located in the central-southern part of the Picachos tenements, this leaves the door wide open for additional zones in the north including Leoncito and La Dura, both of which have very high grades on the surface. To date limited work has been undertaken to test these zones.

This is another important step in the development of the Picachos Project and its move into production
...............................................

this leaves the door wide open !!!

the only thing which is wide open is GS leg on his chair having coffee and laughing at all of us, sitting on his backside all day every day and coming up with this sort of line of utter BS!

"another step in the development of Picachos!" he said! what sort of utter rubbish is that?

how on earth this crazy idiot even allow to talk about development while he was suppose to deliver it in 4 months time as he promised last year!

you all remember all those BS he feed us back in October 2014?
one year past and lets reflect on all those lies and utter BS hyped over nothing, this idiot knew he can't deliver but he is very good on promising and delivering ZILCH, and that is what he did exactly

now he is saying the Picachos development is definite while he has no idea how he will achieve a finance , feaso, support , and with no economic analysis this yet another line of BS he is chewing to delay this bankruptcy as far as possible and secure his 6 figure salary together with that useless Chairman who is sitting there and praising all of this utter circus.

kick this dummy out before too late,

[martyn9] 30/9/2015 13:24

Jackanory time! got to laugh, the group has not commenced any production on its exploration sites and therefore no turnover.Should ADD to that statement, and also no intention of doing so in the foreseeable future!!!!!

[the_boy_plunger] 30/9/2015 10:46

so much gloom......certainly controversial if the share price started rising on the back of a potentially (dare we say it) improving mining backdrop..
and have these insti. of late simply throwing darts or just speculative punts

[superg1] 28/9/2015 18:35

Don't shoot the messenger. It may be well covered but while looking up the Errazuriz group I noted a JV here.

The Errazuriz group are in trouble. Court orders in late 2014 mean they have to pay a US and German bank $190 mill.

For another part of their business they are to face charges over US $82 mill of tax fraud and can be fined up tp 4 times that.

In April it some strange cash movements were noted from the Hipermarc business to other businesses ($42 mill) also being investigated.

They are a well known bunch of crooks in Chile.

example below. You can look the details up.

'State Street Bank and Trust Company, requesting enforcement order against Inversiones Errazuriz Limited (Inverraz) and their respective subsidiaries, posing as a foundation sentence pronounced by the Court of New York State of the United States where he condemns Inverraz Southern District to pay approximately US $ 120 million, during the breach two loan agreements that were guaranteed by subsidiaries of the convicted.'

[haydock] 21/9/2015 10:22

Still here, still finding the odd bit of news.
Cheers Hay.

[steelwatch] 19/9/2015 20:17

Herencia Resources (LON:HER) – Speculative Buy

Herencia Resources, the Chile focused mineral exploration and development company announced yesterday results from recent geological mapping coupled with the comprehensive surface XRF sampling program (previously announced on 26 August 2015) at its Picachos copper project in central Chile. The company has now identified four separate zones of mineralisation with a combined strike length of approximately four kilometres. The four parallel zones have been separated into the following: 1) 40M Shaft Zone extending over 1.2km, 2) Central Zone extending over 1.2km, 3) Santa Rosa Zone extending over 1.4km, and 4) Eastern Zone, which is a new mineralised zone that extend over 0.5km. All four zones occur within the central-southern area of Picachos tenement and do not take into account areas further to the north including the high-grade Leonito area or La Dura.

Our view: We are encouraged with the results from geological mapping combined with the recent surface XRF sampling program. Whilst more detailed work is required in order to prove up any additional resources, preliminary results suggest that there is potential for multiple open pits within the south-central Picachos tenement. These results bode well for the company as it considers options for processing the Picachos ore through potential JV partnerships or through potential toll milling agreements. In view of the above results, we maintain a Speculative Buy on the stock.

Beaufort Securities acts as a corporate broker to Herencia Resources plc

[steelwatch] 19/9/2015 20:17

double post

[nevik2] 19/9/2015 09:44

A good day for HER, an rns and the share price didn't fall 10%. So if a miracle happened and we did actually start digging up pay dirt, what would that do to the sp?
Would we get near to 1p in one rise, thats a lot of %. Is there enough interest here to give that kind of push?

[steelwatch] 18/9/2015 01:14

Well, no-one apart from your's truly sticking with it (with gritted teeth admittedly!) it seems???

Snippet from share price Angel today heralding yet more to wind up the mouth foamers:

Conclusion: Herencia Resources’ exploration is identifying extensive, shallow copper mineralisation at Picachos which opens up the possibility of multiple open pit mining in an area of historic underground copper production. As a coherent geological picture of the distribution of the mineralisation starts to emerge from the exploration effort, mine planning should become easier.
We look forward to follow up from a drill programme work to support these initial findings.



and from the new broker:

RFC Ambrian Comment: The company believes the four zones — which are located in the central-south area of the tenements and do not take into account northern sections including Leoncito or La Dura — could represent an opportunity for a multiple open-pit mine plan.

As covered before, the company has signed an MOU with the Errazuriz Group providing the opportunity to merge its copper assets with Errazuriz’ nearby Tambillos operation. This includes a 1Mt nameplate treatment plant with excess capacity, which could be used to treat Picachos ore. Alternately we understand the company would seek to negotiate a toll treatment arrangement

[turbotrader2] 17/9/2015 19:14

What a shambles thank F I got out at .3

[stockready] 17/9/2015 12:13

Martyn

this is the same clown who was blaming the delays on the project on Chile's public holiday! do you remember that!?
this is the kind stupid, useless, dummy we are dealing with who known nothing about project management and certainly doesn't understand the concept of delivery and sticking with timeline!
the same dummy who signed that stupid deal with Linds over a cup of coffee and they crewed him and us, only later that dummy realised it which was too late, the day it was published I said it was a bad deal and I gave all my reasons, + the backgrounds of those cowboys at Lind and the founder!

this clown think we are blind or stupid not understanding BS lines of RNS he feeds us month after months and we have 3 months to go and no OPEN PIT no finance, no nothing but more dilutions and more money in GS pockets for LONGER!

THIS IS NOT RIGHT

SPEAK OUT AND DEMAND ANSWER FROM THIS USELESS DUMMY

DEMAND YOUR RIGHTS!

Where is corbin?

all the best

stockers

[martyn9] 17/9/2015 07:31

Apart from more waffle today which will amount to sweet fa,i trust HER will make a statement of sympathy to the people of chile in respect to the earthquake which has hit the country.

[stockready] 16/9/2015 15:08

correction:

want to hold on to power !

[nevik2] 16/9/2015 10:24

I'm just about out now, less than a million in my account, after GS getting angry at me getting angry regarding the placing and share price I know there is no hope. He thinks this shambles is other peoples fault.

[nevik2] 16/9/2015 10:21

After his response, i'm all but out less than a million in my account now, huge loss on my part. Stupid me.