Anyone into sharedealing?

Anyone into sharedealing?

Author
Discussion

XLR8ED

Original Poster:

131 posts

163 months

Saturday 1st January 2011
quotequote all
I don't often (if ever) do this but I feel as its Christmas and all its worth sharing.

There is a mining prospect in Chile that is worth a serious punt. I have moved all my portfolio into this one until Mid Feb on a possible 200%+ gain. I have already made 110% in the last week or so.

This doesn't come from a blind hunch, see here.

http://www.londonstockexchange.com/e...69DV22GBGBX...

http://www.barchart.com/opinions//HER.LS

Anyway they are on the AIM and ticker HER.LS

Oh and if you want to see some chatter, sign up here.
http://www.shareprice.co.uk/HER/HERENCIA-RESOURCES...

Merry Christmas.

NoelWatson

11,710 posts

243 months

Sunday 2nd January 2011
quotequote all
XLR8ED said:
I don't often (if ever) do this but I feel as its Christmas and all its worth sharing.

There is a mining prospect in Chile that is worth a serious punt. I have moved all my portfolio into this one until Mid Feb on a possible 200%+ gain. I have already made 110% in the last week or so.

This doesn't come from a blind hunch, see here.

http://www.londonstockexchange.com/e...69DV22GBGBX...

http://www.barchart.com/opinions//HER.LS

Anyway they are on the AIM and ticker HER.LS

Oh and if you want to see some chatter, sign up here.
http://www.shareprice.co.uk/HER/HERENCIA-RESOURCES...

Merry Christmas.
Thanks, will open a short position on Tuesday

Biggles111

458 posts

264 months

Sunday 2nd January 2011
quotequote all
They have some interesting ground, but their resource declared so far is small. As a comparison a project I am familiar with runs a resource of around 10 times their tonnage, with similar or better grades and much of which is converts to mineable reserve. I think these guys are going to struggle to reach a significant size, as revealed by their thoughts of going for DMS (low capex, but often limited recovery). Also looks overbought in the short term. Probably a sell rather than a buy. All IMO, but I am a mining/exploration geologist so know something of the sector.


HowMuchLonger

3,004 posts

194 months

Sunday 2nd January 2011
quotequote all
NoelWatson said:
XLR8ED said:
Anyway they are on the AIM and ticker HER.LS

Oh and if you want to see some chatter, sign up here.
http://www.shareprice.co.uk/HER/HERENCIA-RESOURCES...

Merry Christmas.
Thanks, will open a short position on Tuesday
Very good Noel....biggrin

ShadownINja

76,403 posts

283 months

Sunday 2nd January 2011
quotequote all
NoelWatson said:
XLR8ED said:
There is a mining prospect in Chile that is worth a serious punt. I have moved all my portfolio into this one until Mid Feb on a possible 200%+ gain. I have already made 110% in the last week or so.
Thanks, will open a short position on Tuesday
hehe

http://www.barchart.com/chart.php?sym=HER.LS&t...

Might be a good time to short, actually!

honest_delboy

1,505 posts

201 months

Wednesday 5th January 2011
quotequote all
Biggles111 said:
They have some interesting ground, but their resource declared so far is small. As a comparison a project I am familiar with runs a resource of around 10 times their tonnage, with similar or better grades and much of which is converts to mineable reserve. I think these guys are going to struggle to reach a significant size, as revealed by their thoughts of going for DMS (low capex, but often limited recovery). Also looks overbought in the short term. Probably a sell rather than a buy. All IMO, but I am a mining/exploration geologist so know something of the sector.
Could you cast your eye over BEM please. Lots of bold claims on the BB about what they "should" be worth but funnily enough aren't. Something to do with the quality they are mining? I don't hold a position but a friend does and likes to brag about how much hes going to "make"