Herencia Resources Share Discussion Threads

[nevik2] 02/2/2015 10:10

I'm just hoping we hold on to some of this rise, I don't just mean todays close.

[ny boy] 02/2/2015 10:03

Yes combine, hence the Rip van winkle comment, certainly has been a long time but there seems to be a risk on towards these tiddlers at present, new trend hopefully!

Patience required, gets tested to the limits sometimes!

GL all

[nevik2] 02/2/2015 09:44

Also momentum indicators have been pointing the opposite way to the falling price. Trouble is not enough trades for any tech indicator to be very believable.

[corbine] 02/2/2015 09:42

lets hope lind/shining wait for another 10 months? after all -they can both afford to

[martyn9] 02/2/2015 09:41

NY have done exactly the same with afren and nice to see both afren and her blue today.

[nevik2] 02/2/2015 09:41

The cloud is thin where we are heading. Lets hope we have sunny days above the clouds.

[haydock] 02/2/2015 09:37

At this level we shall have crossed the cloud & gone bullish.

hxxp://www.ichimokutrader.com/

[corbine] 02/2/2015 09:35

u been here on and off over 5 years now eh nyboy? ;-)

[ny boy] 02/2/2015 09:24

I have been adding at intervals during my Rip van winkle period.

Still at least made up losses on here buying to Afren for hopefully spectacular gains. Bottom fishing time for some of these energy and commodity plays.

[nevik2] 02/2/2015 09:15

just added quarter of a million, not that I haven't got millions of them already. Its become a habit now.

[grant avish] 01/2/2015 23:44

turbo,the ceo said in that interview friday that the Jorc will be released
in a few days so it is likely the early part of this week.It should be a
very good read going by the recent results at Picachos IMO

[thrgef] 01/2/2015 18:30

Seems a bit of talk about regarding a JV for Guam. That would be a fantastic bonus

[turbotrader2] 01/2/2015 12:24

News tomorrow IMHO I'm expecting a JV for Guam soon too:-)

[corbine] 01/2/2015 11:28

well the maiden jorc is imminent when one listens to gs latest brr media-im only expecting a fraction of the eventual upgraded jorc initially. question is-the maiden jorc just from around where 40m? along strike? (strike extends a long way within tenement as well as potential 6 open pittable areas, some of which are already being cleaned at surface by local miners.
we shall all find out shortly. will we get good gains in mcap that are held, or a daily spike that has plagued us for close to 4 years of good news rns's.
we do need upswing that can be held as picasso moves towards production this year.

[grant avish] 01/2/2015 11:18

thrgef,

Cheers for the welome,the recent updates issued suggest the Jorc could show
a very significant resource upgrade.More significant is the reference to a
"scalable" high grading "multiple open pit" operation at Picachos.All the
signs are that a very profitable asset is in the making here imvho.

[corbine] 01/2/2015 10:37

stockers- you cant blame gs for the price of zinc or copper. no one knows for sure where any commodity will be in 12-48 months -even the so called specialists.
the credit suisse think zinc article cost a fortune for credit suisse and made by some very clever people, but it still didnt pan out as world affairs are fluid and changeable by the hour, as are patterns etc.

so tell me stockers where will copper be in 12-24-60 months tell me?
you can also tell me the same for silver/gold lead n zinc and lets see how your guess works out 12-24-50 months. (someone else will have to check if you are right)
throw up any articles you find by learned people and you may find they are mostly still wrong when the time comes.
they can only offer forecasts-

[corbine] 01/2/2015 10:31

stockers
no one in their right mind would pay that much money in one lot-up front-see it from the new venture co perspective-would you give the full amount up front, when you havent done geoteck and geophys studies or any drilling. it works from both sides- the new venture will develop and test serena in stages hence the agreed tiered payout process. its perfectly normal imo. as and if serena starts to develop with hot potential then within normal timelines as per agreements another chunk of money is paid. the tiered process is as per the time it would take the new co to decide it was worth moving serena to development-or not.
note guam with ozmin had a tiered structure also.
would you pay millions at the outset to her for serena only to find it had no recoverable resource?
its part payments along the timeline which gives time for the new co to test and develop la serena.
your miles off again with serena stockers -imo

[stockready] 01/2/2015 01:54

sorry no access to laptop and typing from my phone... some mistake I just notice..

will post more tomorrow...
good night

[stockready] 01/2/2015 01:52

Corb my mate...
you are right by saying it is great to that we are getting some money for the asset which is sitting there and doing nothing.. 100% right Corb..
but let not for get that we are not getting the big chunck money till 36 months...HER might not exist in 12 months time if gs still running this circle and we are happy for this ridules...!!!! are they going to knock our doors and give us a 10neer for this deal?

I doubt that...

lets be realistic...good managers always see forcast ahead... GS failed to even see the clear zinc price diving and when copper was booming he failed to praise and focus on Picachos something I shouted more than 2 years ago...

he failed to add value when it moat mattered and now come too little too late..

a fact that many here not admiting ...

it is sad, and worse still ahead I am afraid...

[corbine] 01/2/2015 00:32

Apols Turbo- i misread your post- thats why i read and reread everything-takes a while to sink in

[turbotrader2] 31/1/2015 22:22

CorbsI'm not accusing anything sinister just admiring your knowledge Regards

[chablard] 31/1/2015 20:41

Actually never gave that a thought Corbs. Yeah it would be very interesting to see exactly what Oz found after their extensive drill program.
With the much hyped rise in zinc prices (as long as global slowdown doesn't screw things up) perhaps Pag may come back into play. Capex being the stumbling block there.
In the past we have always looked at copper prices as an indication of global economy, so let's hope the price doesn't slide any further. Also as this won't help Pic, especially as we look towards early production.
Should get more from Graeme shortly I would imagine.
GL

[thrgef] 31/1/2015 20:22

Corbs, you're a credit to the board. Sorry Stockers you are a complete and utter numpty

[corbine] 31/1/2015 20:18

no turbo- just being here for that many years tearing the web apart, rns's etc etc and following the story of herencia. wish i did know more than u suggest but i dont. if you knew the hours ive spent looking through each asset time and time again, youd probably be posting same as me?
is it wrong to ask about guam turbo?
regards
corbs :-)

[thrgef] 31/1/2015 20:00

GS has tried to direct shareholder expectations to a modest Jorc but with significant upside. Lets hope it will be enough to give the share price a boost. Good luck all. Grant, nice to see new investors