HER herald resources limited

on the stairway to heaven.......

  1. 2,839 Posts.
    ......490K+ through today and closing @ 77 cents.
    This is a good story that is continuing to slowly unfold and if it wasn't for it's politically sensitive location there would be at least another $1 on the price.
    IMHO, 77 cents is only a whisker above the Coolgardie Gold & Processing Plant valuation......but, as already mentioned, that's purely my summation of HER.
    Dairi keeps improving/expanding with each update and Meluak, that good ol' 1 center that came to loyal holders in the form of Corona, is yet to be tapped.....remembering of course that MacQ paid 15 cents for these babies....and the large placement done to the Europeans some time ago, at almost par value at the time of around 44/45 cents, came with no Corona entitlement. So, you might say, they were either fools not to insist on the Corona deal or just shrewd investors that knew a good thing when they saw it. I subscribe to the latter and that of course is evidenced by the current price.
    And still the Europeans show interest at these prices.
    For some reason, the HER story hasn't cut much ice in Australia..........until recent times anyway.
    This is probably a reflection of Terry Allen's conservative MO and the company's policy of only releasing newsworthy announcements...in other words no crap, and not forgetting as well, the fact that Herald is quite tightly held.
    I'm a believer, have been for some time, and have my money where my mouth is. There are several other supporters that post on HC and of course an almost equal number of detractors....makes for good debate/discussion on this open forum.
    Cheers all and good luck to fellow owners....what an astute bunch we are!! (Grin)
    Carl.
 
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