Herencia Resources Share Discussion Threads

[targatarga] 18/4/2016 11:57

stockready - rinse and repeat.....

[steeplejack] 18/4/2016 08:43

Lind and Oriental don't wish to bite the bullet and recognise the true state of affairs.As I posted above,I suspect that the primary shareholders don't wish to be realistic anymore than banks with loans to loss making US shale gas producers wish to mark to market.This isn't a surprise,recognise a loss here and you shrink your book and compromise operations elsewhere,it's all smoke and mirrors.Herencia's as good as bust.All you have is Paguanta and Sloane's add ons and lots of drilling data.In fact in the last five years,that's all you have,lots of drilling data.The company is not that meaningfully nearer production when it comes to Paguanta,which was afterall,why most investors purchased shares in the first place.Sloane's departure gives the disillusioned a pound of flesh but realistically what rabbit can a new incumbent pull out of the hat.

[pad004] 15/4/2016 22:18

I have been reading the posts here with interest. I am a little confused as to why people are suggesting bankruptcy. Surely, given the two key private investors, the company could simply have been folded months ago if this was ever their intentions.

Why pay for an executive search consultant? Surely the company could have simply filed for bankruptcy without the upcoming loans? This would have saved the costs of the search for a new person and of course the ongoing costs of keeping the company going for additional months.

All in all, I do not see the business case for paying the additional costs of keeping the company running unless they see a viable way forward. This seems sensible at least to me.

[cpap man] 15/4/2016 17:05

Excellent!

[caledoniaman1] 15/4/2016 17:02

Perhaps not stockready, but look at todays graph - market manipulation, rip off AIM mm's OR WHAT !!!!!!!!!!!!!!!!!!!!!!!!!!!!!

[stockready] 15/4/2016 16:34

Caledoniaman1

HER had a great assets which was ruined and sold out cheap in the hands of this dummy useless MD.

you can't blame or generalize AIM (or the metal price) to be the core of the issue here, the issue here was bad management, bad decision, laid back approach, and delayed after delayed and loads of backdoor deals to fill BOD and that dummy chairman pockets,

this is what the problem was otherwise we could have been way ahead of production if GS was listening to my advices back in 2012.

[martyn9] 15/4/2016 16:33

100% in agreement with you cal on that one.

[caledoniaman1] 15/4/2016 16:10

This stock says it all - all you need to know about dealing on the AIM market which to me is nothing more than a bent roullete table. AIMVHO

[stockready] 15/4/2016 15:43

DELTALO

this is nothing to do with HER being in AIM

it is to do with stupid dummy MD who have wasted resources and money here after pointless drillings and loads of promises with no proper plans or strategy to bring the resources to production
he made bad decisions, bad deals , and cost us millions and now he is leaving us because of personal issues !
what sort of BS is that I don't know, but no one in the right mind will sympathise with GS here no one,

we are the victim and this dummy had us for ride for so long

enough is enough

BOD need to be investigated and that chairman and GS should be brought to justice

IMHO

[deltalo] 15/4/2016 15:32

Shame for aim and investers

[stockready] 15/4/2016 15:30

deltalo!

are you surprise!

why should it go up?
they have done nothing, no money, no plan, no future but bunch of cowboys try to make money here at the back of our investment and soon they will fold this company and sell it off

share price here is totally meaningless, there is no company anymore, it is dogy dog between Lind, Next and shining capital and chairman acts as a muppet as long as he gets paid loads he does everything he is told.

GS will be paid back hand and he will never drop them in, they made sure of that

[deltalo] 15/4/2016 15:10

Sp dropping away again. Back to 0.3 looks like.

[stockready] 15/4/2016 14:29

yet again Lind making money here from this up and down in share price, at the cost of massive losses to us.

these cowboys made millions by finding that stupid dummy to sign a deal with them back in 2013, and since then they kept screwing us more and more till today which they decided that GS is no longer needed and should be going to keep things quite and get ready for the next step of selling the land.

Lind are the most dodgy investors here and their involvement here was purely to benefit themselves and not shareholders,


they should be investigated IMO

[stockready] 15/4/2016 14:20

this is what Itsaduster said in LSE board, this is the guy who right to the last few months was staying positive, I never ever seen him posting anything negative about this company till today he realised all I have been saying in the past3 years have been spot on about HER and GS...here is his post from today:

..........................................................


With agreements signed the trap is set.

The trigger will be when NEXT declare the due dil to be May and sothe deal is off ( ha ha as if it were ever on) then bang we have no where to go. We will declare bust and have no alternative but to convert at 0.00001p a share, for the final dilution and Aus and darius have total control. They will hold it for a year or two chasing all PIs investors away with pathetic payments and clear the site of all expense generating activities and staff.

It can then be sold as at lease two well drilled good mines and possibly a third. into rising metal prices.

All done and delivered by GS. Think of where we were when he arrived. He has been a disaster to PIs and single mindedly allowed Aus and Darius to take the value for peanuts. And our useless BOD have just sat back waiting for their severance. How much time has GS actually been on site.??

The activity has been thin and directed to the benefit of Aus and Darius

In no way do I wish GS well on his departure.

Can Mr Bolton find a suitable candidate. Some one with real mining talent and understanding. Drive and energy and ambition and most important contacts to the Money men.

We have been shafted and swindled AIMHO

[cudmore] 15/4/2016 13:54

What a pump and dump this has been today!! Keep your eyes on LMI as positive news coming

[caledoniaman1] 15/4/2016 12:51

This will not rebound this this afternoon - trust me AIMVHO - being manipulated down.

[stockready] 15/4/2016 11:57

believe me guys this is the best suggestion

put everything ON HOLD

NO operation , no staff, keep few people for maintenance and admin, sack everyone else, keep the low profile and low costs, then wait for metal recovery which is due, then sell the land and assets which mostly benefit Lind cowboys, but we might see some of our money back

this would be the only way forward

IMHO

where is Corbin?