Herencia Resources Share Discussion Threads

[ny boy] 07/3/2017 09:54

At current levels, I expect to double my money by the end of the month, trip,e would be great if all goes well.

[ny boy] 07/3/2017 09:19

Sj..in this market there is no logic, most are in for a fast buck gamble, these tiddlers can surprise even though it doesn't make much sense, go with the flow, if they get the long term funding, will be much higher than current levels. IRG shouldn't have gone up hundreds of % yesterday but it did and decent cash was made there.

[steeplejack] 07/3/2017 07:57

So let's get this right.The company has borrowed $60,000 and Lind can buy stock at 0.02p and some believe that more of the same will see the shares jump to a penny.Dream on.I admire Lind's determination.They're running a heavy loss here and I reckon they're going to strip what they can out of this company like an operative in a breaker's yard.60 grand will keep the lights on for a while and no more.


As announced 19 October 2016, Tranche 2 funds will have the same conditions as Tranche 1 which was a 0% interest rate per annum, a 24 month term and will be secured against the Company's assets. Subject to the Company receiving all necessary shareholders consents, it is also agreed that the Shareholders will be given the option to convert any outstanding Face Value amounts into ordinary shares in the Company at a price per Share equal to the lower of 0.02 pence or, in the event that the nominal value per Share is reduced in the future, 90% of the average of three daily VWAP's, chosen by the Investor, during the 20 trading days before the conversion ("Conversion Price").

Presuming that the larger funding package is done on similar terms,why would you expect to multi bag when the largest holder has the opportunity to buy stock at 0.02p.History shows that Lind will sell stock into the market to take a quick turn on any rise in share price.

[ny boy] 06/3/2017 19:58

Can you stalking me, dont you have anything better to do? I am not bothered what the share price is now, end of the month is more important.

[ny boy] 06/3/2017 18:24

Jeez the village idiot is back, don't tell me you lost more money now backing the wrong stocks. High risk,high reward, if you don't like, it don't play with the big boys.

Made loads on IRG today, I am expecting the same or more on these come the end of the month, dyor as usual and generally ignore the noise, it's served me well this year.

[ny boy] 06/3/2017 00:03

We're already ahead of the game, money to be made here dyor as usual, no need for those with a nervous disposition to buy.

[thrgef] 05/3/2017 13:16

Stop ramping. They will only be over 1p after a share consolidation. At the moment we are talking about survival.

[ny boy] 05/3/2017 11:33

Aye, it's all about when you buy, timing is everything, for sure if they finalize long term financing these will be above 1p

[colin12345678] 04/3/2017 12:24

lol nothing like a disgruntled holder you brought at the highs mate nobody else's fault than yours get over it....

This is going to 1P short term simples read the rns from sept 16 and look at the new bods

[thrgef] 04/3/2017 12:17

Martyn. B#goer off then. The alternative is that HER goes bust now. Sounds like that is what you would prefer to put you out of your misery

[martyn9] 04/3/2017 10:22

Your all brainwashed!!! temporary fix to prop up overpaid BOD salaries/expenses,GS and his cohorts must be laughing all the way to the bank.I put considerable money in this 8 yrs ago, and resigned to the fact now this has BANKRUPT written all over it.GS could'nt
run a bath.

[ny boy] 03/3/2017 19:17

Yeah that is right but as it's not folding, there is life in the old dog and hopefully some new blood on the board once long term funding is finalized. I have patience, obviously all these types of stocks are high risk but I have done very well out of quite a few, which makes up for the odd duffer or two, it's the nature of the beast, you can't win them all.

[arab3] 03/3/2017 15:54

2 Mar '17 - 08:11 - 5771 of 5787 2 0
Because it gives them the chance to "string" it out for a very long time, issuing various rns's with hope, whilst collecting fat salaries.

[deltalo] 03/3/2017 15:46

I don't want in believe me. Check out the the past 12 months rns's.

[ny boy] 03/3/2017 15:34

Ignore the noise, they just want in lower

[thrgef] 03/3/2017 15:28

Two fingers to those of you wanting this share to fail

[colin12345678] 03/3/2017 15:17

Maybe now they can see the light at the end of the tunnel and secure funding with these guys involved

[colin12345678] 03/3/2017 15:16

01/09/2016 10:47am
UK Regulatory (RNS & others)

Herencia (LSE:HER)
Historical Stock Chart
1 Year : From Mar 2016 to Mar 2017

Click Here for more Herencia Charts.
TIDMHER

RNS Number : 6990I

Herencia Resources PLC

01 September 2016

Herencia Resources plc

("Herencia" or the "Company")

Herencia Commences Board Restructure and Corporate Reinvigoration

Herencia confirms today that it has commenced a process of restructuring which will involve the appointment of two new Directors over the next week to oversee Herencia's reestablishment as a viable junior exploration and development company.

As part of that restructure and subject to final negotiation between the parties, Herencia is pleased to advise that Peter Reeve will join the board as a Non Executive Director. A further announcement will be made in due course when the appointment is finalised.

Peter Desmond Reeve, aged 54, has been involved in the resources industry for approximately 30 years and, as a professional metallurgist, has held positions with Rio Tinto, Shell-Billiton and Newcrest Mining. The directors believe that, having served as CEO in various companies, he possesses the broad corporate skill base to assist Herencia's next challenging phase of development.

Peter founded and was Chief Executive Officer of large Australian based copper company, Ivanhoe Australia and was also involved in an African iron ore start-up company. Peter has also worked in Resource Funds Management and Resource Corporate Finance. He has been a Director of several small resource companies and in these roles aims to develop commercial strategies, align with the business with the investment community and assist in development funding needs.

He is currently Executive Chairman of Aura Energy Ltd an ASX-listed uranium and gold development company.

Peter is a director and partner of, and has in the last 5 years been a director or partner of, the following companies:

[deltalo] 03/3/2017 15:07

All the ramping from falia wont lift this any higher. Lol

[deltalo] 03/3/2017 15:05

This will fall like a brick. They suck money like a sponge suck water. 50 $ is a few weeks salary.

[arab3] 03/3/2017 14:59

NY GIRL
this going back to 1p, in your dreams !

[ny boy] 03/3/2017 14:48

12bn

From where the Company went, it's good news, happy trading.

[12bn] 03/3/2017 14:47

The Company confirms that, following the receipt of these funds, it believes its working capital position remains satisfactory until approximately the end of March 2017. However, if the larger funding package referenced above is not advanced, and if no further source of funds can be found, it is unlikely that the Company will be able to continue to trade after this time./////// That would worry me.