Member Info for DanBrown83

Hes on about an old one - his mistake

link - im on there and only see one today, holdings RNS from a month ago

Whats your rational???

On bad news!!!! I thought they had started Drilling already what have they done for the last 6 weeks

Reading the RNS - its there intention to drill where they are mining but to go to 250m, hoping to find more copper deeper Currently the mine is shallow pit (50m in terms of Copper mines are very shallow) even 250m isn't deep but we have to assume BOD know the geology to only warrant 250m, other companies across the globe for Copper / nickel etc drill can drill up to 3,000m,

So you are saying you don't believe the BOD? IMHO, BOD's usually think the SP is undervalued for the business, yet this BOD thinks SP is overvalued - this is a new one. albeit, they did make the comment at 23p, and not 45p I'm willing to go by the RNS and say 30p fair value but reading the trading positions i'm really not convinced that any entity can be valued as high as that, given there new start, minimal track record, loss making and all negative equity

i really feel sorry for the PI to be honest, hope hes ok, �4k loss is a lot

Ouch

Reason As at 30 September 2017, the Group had total liabilities amounting to �27.0m, which exceeded its total assets which amounted to �3.7m, and had negative equity of �23.3m.

If ERD write off the debt then who knows

Im not a shorter but BOD say 30p is the value of the shares - who am i to disagree why do you think the company is worth more than what the BOD do??

lol

think with news on over the counter sales on this type of product, the gel been better than anything on the market in terms of effectiveness should see one hell of a quarter 2 in 2018

im here there is copper there if Her had the money to purchase or owned it i would say Picachos and Pastizal both potentially look good small copper plays They are shallow mines, easy to operate - i just don't think HERENCIA will ever have the funds to make it work

Probably more than you. Give me some background on why a company valued at �700k prior to suspension, no turnover this year, a loss, Negative Net Assets (most to Director who is converting to shares) seems like a good company to invest in. �6m for two companies that lost �210k in last 6 months, again both have negative Net Assets and have been bought in Shares paid to mainly BOD There doesn't seem to be any positives, transaction seems overvalued if i'm been brutally honest, and all i say is BOD say 30p a share is fair value and i get shot too bits - the BOD say 30p, its fair to say you can't justify anything over that price is a bargain

None of the Companies have huge Revenues None of them are profit making

nope - but was researching it at around 9.20am

im not manipulating truth The RNS on INVESTEGAT at 7.11am has the following: On completion, the enlarged group will have a market value of �14.5m. It details all the new shares 30p a share fair value

just checked and was on INVESTEGATE at 7.11am

i said in October i would expect some update in 6-8 weeks on drilling I got slated for it as everyone said couple of weeks, here we are 5 weeks later I'm not expecting much other than further grades as previously advised This is still all about funding for the Purchase of the Full Site