4-5P

I've been informed from a friend that the regular pump and dump squad
from advfn are all over this, hence if you wait a few days it will be back
under 1p, suicidal to chase 9 times out of ten in these pump and dumps,
one carries on climbing, maybe Her but i wont take the risk, i looked at
the results 2 mins after they came out at 0.81p offer and nothing made
me want to buy them then so i aint paying 1.35p for them now, some
volume though.

230 million shares traded today..... a wopping 25% of the issued share capital has changed hands......that is one hell of a ''pump and dump''....gravy my friend....lol

Rodders

I agree amazing volume but i bet it was swollen with day traders who probably
traded it at least 5-10 times today and with it 1p it's always going to swell the
volumes.

O/T....whatever happened to Kdc then, do you think he still posts under a
new name on the quiet ?

Ah a ghost from the past, last seen wandering the delapidated empty corridors of TAD HQ in Cambridge.

Rodders

small bit in the times today as 'tiddler to watch'

From Proactiveinvestor.

Herencia highlighted that one of the samples grading 1.4% copper and 61g/t silver was taken on the western edge of Paguantas La Rosa porphyry copper target. Additionally, two samples also contained lead at grades of 1.57% and 1.64%.

Bohm said that September is a busy month for Herencia, emphasising that the immediate focus is on the completion of Paguantas updated Mineral Resource Estimate (MRE).

We expect to receive the completed drill hole database early next week, which will allow our Geological Consultants to update the MRE, Bohm said.

We anticipate announcing the 2010 Mineral Resource Estimate by month end.

The results of Dense Media Separation (DMS) testwork is also expected later this month.

Late yesterday the company reported its interim results for the six months to 30th June 2010.

Herencia highlighted its swift advancement of Paguanta, with 5,500m drilling programme completed during the period.

John Moore, Herencia chairman, said the timing of Paguantas development is set to take advantage of higher commodity prices.

We believe the Paguanta Project will continue, as it has during 2010, to deliver positive news flow for the company and we remain confident that increasing zinc and lead prices forecast by some analysts will eventuate, as this could coincide with Paguanta coming on stream.

As such, the company plans to begin a feasibility study during the 4th quarter of 2010.

In reference to the successful drilling programme, Moore highlighted: Almost immediately, we achieved success in identifying a new high grade mineralised vein.

The drilling was concluded at the end of June.

The high grade assay results announced to the market support, yet again, our firm belief that Paguanta is shaping up as a near term mine development opportunity for the company, and one that has significant potential upside, Moore said.

What continues to greatly encourage us is that after four drilling campaigns the mineralisation still remains open along strike (in both directions) and down dip.

We continue to intersect high grades at depth, we are still encountering new high grade veins, and gold continues to be reported in nearly every new hole drilled.

Good start to day with good volume and nearing 2p.,.

lot of interest here ....93mil trades.,.

seems to have held at 1.6p will wait for more news.,.

Balerboy, any idea when the news update?.
I like this share, got a good chunk of it.

now in for free. had a stoploss for 1.39 trigger and took some profit at 1.75 y/day. will wait and see if the SP falls back a bit and top up before the news comes. as its up over 100% on last week i am not going chasing the SP. GLA
Alex

according to last rns, next week. BB

This rns is fantastic, can expect a lot more from sp imo.

"This upgrade is a major milestone for the Company and the Project. Of particular importance is that we have seen a substantial uplift in grade which, when combined with the additional tonnage, results in a significant increase in metal content.

Furthermore, we remain excited by the exploration potential of this deposit. Even after the completion of this year's drill program, we have yet to close off the high grade mineralised veins. Indeed, we have discovered new veins, which leave the newly expanded resource open to further extensions.

Our goal of moving the Paguanta Project toward development remains a priority. Based upon results from the 2008 Scoping Study the Company anticipates a mining and processing operation with an initial Stage One mine life of up to five years. This criteria will form the basis of a proposed Feasibility Study. A decision to commit to this study will likely be made during 4Q2010.

The Project team is to be congratulated for successfully achieving all its targets at Paguanta this year, both on time and on budget. We see Herencia as being in a very fortunate position. We have an advanced zinc-lead-silver-gold Project, coupled with a potentially high grade copper-silver opportunity, both positioned on the same tenement block and located in one of the world's leading mining regions."

Got a good feeling that the new board members will transform this company within a few months.

WH Ireland: Speculative buy.
http://www.herenciaresources.com/_content/documents/414.pdf

Bought in, doubled money so sold 50% got free run at mo. When theres more movement might get back in. Good read bwd.

Cracking news here!

why the fall from 2p?

People taking profit. Some buying back, I suspect. The news is strong enough to carry it past 2p at some point soon, imo.

This is interesting because it is also a silver play.....I would not be surprised if What's hot.com tip this one or perhaps they already have...will have to check....