Herencia Resources Share Discussion Threads

[bumpa33] 14/3/2017 09:07

You wanna hope that any Chinese cash is equally bloody stupid as retail punt money then.

[ny boy] 13/3/2017 14:12

An Amigo in Columbia, talking generally about the wave of Chinese cash coming in to South American mining Companies,I assume its because the region is more geographically placed than Africa, so more profitable to them over the next few decades.

[casano] 13/3/2017 14:05

Oh yeah! What's your source? And which company are we talking about in HK? I'm sure there are more than a few companies residing over there!

[ny boy] 13/3/2017 12:05

I spoke to a business friend who brokers mining deals further up north in Columbia etc, said Chinese cash is pouring into the whole region, so don't be surprised if the long term funding comes from there.

[ny boy] 13/3/2017 09:51

A bit of resistance around current levels but once we are finally through, clear skies to 0.2p

[ny boy] 13/3/2017 09:06

Another 100% day coming up soon, tick tock until funding announcement, that's when these really starts to take off, plenty of time for short term nervous holders to be mugged on the cheap though.

[ny boy] 13/3/2017 08:58

Morning Martyn, dip buying time if you want in, sounds like it to me


Nice one BBy, are you based in HK?

Tree shake on low vols bodes well, I think many of us know long term funding is coming soon.

[martyn9] 13/3/2017 08:53

You lot are completely deluded!!! this is a pump and dump play.end off.

[bby88c] 13/3/2017 08:06

G'day I heard from my HK contacts,long term financing is in place, just waiting to dot the i's and cross the t's

The share price should get a very nice move up from here.

[gimmetheloot] 10/3/2017 18:55

Lovely finish!!

[mostro] 10/3/2017 18:29

Support at .009, fine by me and am happy to hold! Forget the long term and may or may nots, this has been a traders dream (long and short) over the past few days.
On from that dizzy spell I have some misplaced faith in the fact that the Bod may well pull off a miracle here.
or maybe not!

best to all , and nerves of steel!!

[ny boy] 10/3/2017 18:23

We are where we are, we're just betting on them securing long term funding to get on with opening mining all that copper, we will see where we are at the end of the month, no real sell off today, buyers bought the dip. GLA

[kingston78] 10/3/2017 18:08

If the business case were so strong the company would not have had trouble in securing much larger financial backing sooner. It was and still is short of cash to run the company administration let alone the operation.

[ny boy] 10/3/2017 16:12

Yawn, you still trying to get in cheaper..good luck lol


50k came from Lind Partners, I think these may very well provide the long term financing, the open pit mining opportunity is hugely attractive in this market. Many trading days to go until the end of the month.

[kingston78] 10/3/2017 13:56

I would like to make a general statement based on my experience. A share will rise if the company consistently makes profit and pays a decent dividend. There is more certainty, and this applies to more mature larger companies.

As regards small companies, unless they have superior products or services, coupled with good management, they will usually go nowhere and will not be recognised. A change of management and / or major investor may change investors' perception.

If HER had been that good its share price would not have been so low for so long. The recent announcement of a US$50,000 loan hyped up imagination and the share price multiplied.

Thinking about it in the cold light, what can US$50,000 do? Even US$1 million is little in today's commercial world. Market makers were caught short as buyers came in. Market makers normally are unwilling to trade in small companies in any quantity. But when demand rises, so will the share price, being squeezed. The reverse is also true and when it falls it will fall very quickly. A 50% retrace or more is common.

[ny boy] 10/3/2017 13:26

Can't see the share price being down for long, any dips, gives new investors a chance to get in and existing ones too add, if they find the entry level attractive. Enjoy GLA

[ny boy] 10/3/2017 13:02

All tied up in BP, added a chunk more there.

Will keep HNL on my watch list though tks

[412069] 10/3/2017 12:58

Time for you to jump over to HNL NY Boy, more upside there than here now IMHO.

[ny boy] 10/3/2017 11:14

Kingston, sold out, looking to get in cheaper, nothing wrong with that. Any decent pull backs will be bought, because the real action to the upside hasn't commenced yet.

[warrenfingerfood] 10/3/2017 10:38

Yes I can see it retracing a bit today too, I'm one that cashed my chips in, waiting to see what the next move is.

[kingston78] 10/3/2017 10:01

The chart does not bode well. While it is climbing it is slowing down. Worse still, there is profit taking and it cannot sustain to close on a high. I think that it will be subject to massive profit taking, and the market makers will mark down the share price by 50% from the current level in a short space of time. This is my experience of share price movement in similar situations.

[ny boy] 10/3/2017 09:10

Hardly, more like buyers on the dips, investors weighing up what the share price will be at once they get long term cash by the end of the month,against the price now, so imho it's incredidly cheap here, even if it goes up another 200-400% before the month end.

Just sit back, reap the rewards Dyor

[bumpa33] 10/3/2017 08:52

this is being dumped round these levels in massive size, both today and yesterday. Can't imagine why.

[ny boy] 10/3/2017 08:43

Dips being bought, way too cheap down at these levels imho