It's alive!27 Oct 2017 13:23
I think Dan has made some fair points, so not sure why people are getting annoyed. There is risk involved with any investment and investors take the risk for the potential upside:
Review Completed by Experienced International Geologist John Holliday
https://www.sharesmagazine.co.uk/news/market/5630565/Herencia-completes-geological-review-in-Chile
Herencia Resources plc (AIM: HER) is pleased to announce that a new comprehensive geological review of the company's core copper mineral prospects has been completed as a precursor to a broad drilling program on the prospects.
The review was conducted by Mr John Holliday who was involved in the discovery of the Cadia Mineral field in Australia which now ranks as one of the world's largest copper gold deposits. John has worked extensively on copper geology throughout the world and will be retained by Herencia as its Geological Advisor. The review covered all previous drilling and exploration work and was conducted on the Picachos, Montenegro and the largely unexplored Pastizal property.
The review has concluded that significant upside exists for the discovery of further copper mineralisation if any future drilling focuses on the 'main mineralised manto �. a cherty limestone at the base of a sedimentary sequence above a volcanic breccia'.
Commenting on the review Mr Reeve said, "Herencia Resources is very fortunate to have attracted a geologist of the calibre of John Holliday to review the company's prospects and assess the significant geological potential of its copper assets. The reviews conclusion that a significant speculative exploration target of undiscovered copper mineralisation exists is pleasing and underlines the company's determination to exploit these projects at a time of rising copper prices".
There is upside. We need the BOD to unlock that potential!