4-5P

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....

Moving quickly now....could double from here...no problem....

Yes, 2p breached now.

wonder if it will challenge 2p on monday or is that it for now???

looks like it challenged. Gutted...i bought this 4 years ago at 0.6p and sold at 1p....if it comes off to 1.5 again (which history suggests it will despite great media) i will have some more.

Well, you got your profit DD5!
Another impressive performance but tomorrow is another day and you could have another go... although 1.5p might be a little optimistic imo.

always comes off. been looking at this for a few years and everytime that there is a big rise in sp, it is followed by weeks of a falling sp despite nothing but good news.

sp is shooting up.....tremendous....

Glad for my father as he has quite a few of these and was in when one of our fund managers was screaming to buy 4 years ago at 0.4p. i got in and sold mine at 1p so a bit annoyed now that i didnt get back in. Have always released pretty good news and think 5p before end of feb is a liklihood - simply because i dont have any :(