Beacon Hill Resources Forum

Hi Bigdog, I agree with your sentiments. Very little going on (or it appears that way on the surface) let's hope RK and his merry men are paddling away in the background to get this company in shape. It's awful being trapped in this share month after month. The danger with any form of news flow from BHR is that it only has one effect on the share price and that's to send it south. I'm not desperate to get my hands on my capital in the foreseeable but it's really miserable sat on such big losses long term. There never seems to be any definate news surrounding BHR, it's always making progress towards something or just awaiting sign off. Even the trains are sat in a customs shed awaiting release. The VAT issue on the rolling stock is going to drag on in my opinion and could threaten the sub leasing agreement. By the time they are released we are going to need them ourselves and then what happens?

Not much going on at the moment, lets hope our trusted BOD are working hard behind the scenes to get us the funding and secure teir one, been a long and painful journey for many of us. All a bit comical over on LSE at the moment, I'm sure that many of the posters are the same person, also think that it will reach a price if they repeat it enough times. Hopefully some positive news flow to come, I also think they will exercise the warrants so will be more dilution, looking after the bigboys again.

How can we be down nearly 7% with so little trading taking place - baffled!

A little off topic, but it looks like BAO are falling out of favor with investers. They were/are on my watch list (but that's all I'm doing) I can see them going the way of BHR over the coming year(s) - dilution to raise funds, slow pace of progress in Moz, years off any revenue stream, despite being sat on a great potential asset. The money those boys need to get to production is massive in comparison with BHR who don't need mega bucks in the grand scheme of things. I really hope sentiment can change towards BHR and we can come through this with at least some profit at then end after all the pain along the way.

Grief, pain, anger and frustration are the only feelings I would associate with being a BHR shareholder.

I don't understand why the small sell trades can bring this down 4 and 5% yet the big buys have little affect in the share rising. I'm pleased Duxi over on LSE has a god feeling about this share because I don't right now. I do think that we will get taken out on the cheap at some point and that BHR won't achieve any of the potential that was marketed to the long term holder over the last 3-5 years. They will be left high and dry with high averages. Anyone over 3.5 to 4.5p won't see any profit on this one. These are only my opinions/thoughts and I would love to be proved wrong. It will be 12 months in August that I first got involved with this shower. If you look back on info relating to BHR over the spring/summer of 2013 we were supposed to be shipping coal in Qtr 3 of 2013 - what a load of rubbish that turned out to be. 12 months on and we are still another 12 months from shipping coal - that's a 2 year delay in my book.

On a positive note, we are up on the week. I'd take a .1p increase each week over the next 5-10 weeks if I could. This would put us back in the 1 to 1.5p territory, which is still low for the assets we have and the operational work undertaken over the last year or so. Enjoy the weekend and let's be grateful we haven't gone backwards this week.

Couldn't resist, just had a little Friday morning top up of my 2.458m to round up my holding to 2.5m. My 16th additional top up/average down and this time I think I'm definately going to draw the line. I still don't think BHR are 100% safe by any stretch of the imagination but with the recent interest by the big investors and Darwin paid off, BHR are in a better position than they were. If this just ticks up quietly by .05p per day or every other day that will suit me just fine. Anyone new to BHR now should make some good money in the next 6-12 months and potentially beyond that. Good luck all.

that brimingham fella is on twitter, and he posts on about this share like 10 times a day, saying the same thing, and thats the only thing he tweets .... he was removed !

I agree....so much interest in BHR at the moment..Shares are gaining momentum. Good news will see 1p+..