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RE: HERs Future .. From a Disgruntled Investor I have to confess that I am, or at least was, one of the disgruntled shareholders. I've invested a lot of money in this company when the price was high and although I could see the potential, I wasn't happy with the previous board, or even initially with the current board, spend on wages etc, and all they ever seemed to do was drill holes and appear distant from the spectacle of production. I would like to see more from HER. I would like the Bod to show themselves more to us investors and provide us with a timeline of when production might get underway. HER's website desperately requires updating. If and when there are further improvements the SP will, as many of us speculate, skyrocket. HER is a funny and odd company in certain terms and historically and more recently it has attracted a lot of attention owing to its relatively low Macap and the potential for the SP to multibag at some point in the future. If you want to make money from HER you will need to be patient as this company can be rather slow with its RNSs and with its future proposed plans. The current board don't appear to have much time for us relatively small investors. I was pleased to hear Bladerunner your comments about the company cutting back on its spending etc. I hope these reports are true and many of us are pleased that the Bod are paying themselves in shares rather than taking a massive salary and then not producing anything tangible.
Previous share holders appear very disgruntled and in my opinion, understandably so. I've read in detail the end of year reports from previous years and the company appeared to be used as a cash cow. Figures spent on admin, let alone salaries were high. The latest reports suggest a seismic shift in the financial management of the company. Directors are paid in shares that will reward a good return for share holders. Admin costs have been cut. It seems as though they are actively assessing the potential resources with a view to making the company profitable. The Australians have increased their holding which offers me some confidence. I think the future looks bright.
I doubt they have any interest at all in what is posted on here. We are a tiny minority of their shareholders and our views won't influence anything they do.
the company must read our posts on here so give the share holders a drilling result in a rns [ ? ]
some large buys coming in now all we need is some drilling results [ peter ] and then we will fly
Silence ;
the results are due any moment a lot of people have a stake here now and are holding for news
some big buys in here to day people getting in wile price is low and are holding
more people coming in share price moving up on good news
Worse case they could always download open source software, rebrand it, and launch a copper backed "HERcoin". That would be on trend at the moment. :) GLA.
people coming in again price rising
This was always going to happen Applegarth They had 0.03p shares to issue and they have been issued we don't know what will be done with them I don't think local land owners in Chile will be the most clued up on what to do with AIM shares
Now they have no reason not to update the significant shareholders page. ~7.5%ish holder to add to that list. http://www.herenciaresources.com/shareholders.asp
For once Dan, i sense a teeny weeny bit of positive...good luck.....just get the next drill results out and we'll all know if HER is recovering of just carrying on in the same old mode....
peter knows [ ? ]
It may depend when they believe results are due, they are mining locally so will know better than anyone, they will know what’s planned and how long it will take and have hourly updates in all honesty, no one knows, they are just a vendor and may want money now, they may not be bothered and hold for many years
but if they announce drill results how much do you think share price will be then and the new shares will i sell
Doubt they will sell at the moment, they need to do everything they can to bump the price over the 0.12p for their other shares, plus they need the share price higher for her to be able to raise capital for the other cash payments that are due in the future. Unless of course the do manage to sell la serena for $3+m then it's all tickety boo.
Not really anything new , but, nice to hear the board clearly and concisely describe what they are doing and why , sounds a bit more promising than announcements of the last few years
just buy your shares good luck all
We will see things moving rapidly from here .
Dilution as prior, will they sell???
Oh ; What a wonderful rns this morning
Would be nice but I am not convinced.
you will all soon no how good this share is