Herencia.

Why invest in falling stocks?

exactly ban what they have is out in the open but the price falls what does that say to you whippet?

http://www.google.com//finance?chdnp=1&chdd=1&chds=1&chdv=1&chvs=Logarithmic&chdeh=0&chfdeh=0&chdet=1304550278390&chddm=42413&chls=IntervalBasedLine&cmpto=LON:HER&cmptdms=0&q=INDEXFTSE:AXX&ntsp=0


Looks better as two separate charts, but even your thick brain should be able to see that clearly, HER has followed the general market direction because there hasn't been any news flow.

So please, in your expert opinion, tell us why the AIM mining sector is not a good investment, because the price action you keep harping on about isn't just restricted to HER. Every single share is doing it.

so markets dowm -3% her -17% thats not exactly following the general market imo.

only way to beat the AIM is to invest based on fundamentals alone. The AIM is very unpredictable, and the small companies always start drifting when there is no news (and by news I mean drilling results or new projects, because that is the only thing the market reacts to). HER has had no news since december, so it is no surprise the price has gone down. People get bored very easily in the AIM, because it is like a big casino, and they hop from one company to another based on who is next to release results. You can beat it though if you are prepared to sit and hold, and wait for the fundamentals to shine through. Btw, I suggest you rethink your views on price dips, because these are the best time to invest, if you think the company is good. No share ever goes up in a straight line, however good it is.

The only time you should really be selling is if the fundamentals change. They haven't yet, so I'm staying in HER until then.

My price target is 20p (conservative) in 2 years. As you have read up on it already MT - the Patricia resource has the following inventory - 101,260 tonnes Zinc; 33,200 tonnes lead; 8,219,017 oz Silver; 13,876 oz Gold. I believe at current metal prices that should be worth 9.25p in the long run.  Then there is the Doris, La Rosa, and new joint venture project to price in. So there is big potential imo.

There is news on the doris drilling and the new joint venture due any day now, so now is a good time (and good price) to get in imo.

I like cad as well. I know what you mean about the price after the news - but I think that was already priced in, as people have been predicting that was going to happen for months. Another thing to bear in mind is that the deal actually hasn't been signed off yet, that will come in june. It is interesting to note that there has been a very large buy going through at the end of each day for the past week or so. Someone accumulating stock maybe? 250,000 shares have been bought each time. I heard that there was some fund trying to buy in, perhaps it is them. If big players are involved then we are kind of stuck for now, as they do have the power to influence prices in their favour. I tend to think that the price isnt going to do much till june, so you could risk selling, buying something else where, then getting back in in june, but you also might find it is 60p by then. What I'm going to do I think is just hold, and buy some more whilst it is around 50p, if I get any spare cash. I reckon 60-70p in june, and probably £1 by the year end.

are you doing spread bets/cfds MT? or are you actually buying the shares?

no whipped buying the stocks.

bought at 16p when joey popped the info up last year think it was november.

was low price, average is now 24p so still happy.

worried now about the drops.

YES THAT WAS GREAT TIMING.

looks like they found more than they thought.

bonus, where do you see sp in the next 12 months?

cheers whippet think I got on at perfect time.

will keep topping up when funds allow.

what you post as on ii forum?

LOL READ YOU STUFF MANY TIMES.

im in on snrp think long term should be a winner.

will be when I join not had the need to post yet, some interesting reading on there.

quality cheers whippet.

was n xel missed getting out at the 430 but got out at 395 pleased now.

Just reading the reports from xel, presumbly the drill test results are far worse than expected? Does look tempting now, whippet.

trading at 2.7, looking cheap to get invovled now

carnage across the board lmao. All of my shares have got mullered bar SNRP. Some of these shares have got to be ridiculously undervalued now. I wouldn't like to pick the bottom on any of these, but considering most have lost 20-50% from their highs a few months ago, there has to be a lot of bargains out there now if you have cash and are prepared to wait 1-2 years for returns. Condor is another one that has got raped recently, they are only 6.75p now, they recently did a placement at 9.0p with some major institutions, so look value.

I think it must be because coal is generally quite stable in price, and the long term demand for it is pretty assured. Whereas metal and oil prices are very volatile, as you have seen recently. Thus AIM miners and oil companies are getting mullered recently because both metal and oil prices have dipped. It is also possible that the recent good news from the company helped keep it's price up. It may have been a case that in good market conditions we would have hit 40p on that news, but it has been suppressed at these prices because of the general market. I think this is a really good company to hold long term, and I am planning to invest a bit in it every month. They have an enormous amount of work on their hands, but I think if you are willing to hold for a few years + this will be worth £5+ a share at least.