Beacon Hill Resources Forum

Good morning Breezy, I hope you had a great holiday and your batteries are now suitably recharged. Rather a lot of activity with BHR over this last few days and for the better as well. Not before time you say. Lets hope for a good day today and then a rise over 1p on Monday after Mondays AGM when RK shares all the good news. We are still incredibly cheap considering where we once were, but I'm feeling a little more confident this week than I was a month or so back when we hit .35p. I was twitchy about losing the lot, though we are not out of the woods just yet. I have thrown all available funds at this now to get down to 1.2p average so with a prevailing wind, could be in profit sooner than anticipated. Heading out on business now for the day so will look back in later in the day. All the best and good luck all. Cheers, idg69

A few sellers this afternoon. Only to be expected really as a few short term day traders will always want to be in and out for a quick profit. If you bought last week at .45p and can sell today at .65p many will take that and say thank you very much. As long as we close above .65p and don't fall back then that'll be fine by me. I'm here for the foreseeable - 2 to 3 years if necessary. I'm hoping this could be a life changer if everything slots into place. BHR are only at the foothills of their recovery at these prices. An upturn in commodity prices tied in with all the operational progress coming on stream should see BHR in a very different position 12 months down the line.

An interesting week ahead I suspect. This is going to jump around a little from here on as anybody buying sub .4p will be taking profits along the way (as you would expect). 2 to 3 days of good percentage increases will also put BHR on a lot of investors radars. Above 1.2p and I shall be sleeping a little better. 3 to 4p and I can say goodbye to my mortgage. Lets see a .75 - .8p finish today please. Good luck all, but most importantly the long termers.

Bubbler you are correct! Never mind, it's still a lot cheaper than the 500,000 shares I bought last August at nearly £15K @ 2.87p. Whats .04p between friends. Have a good day!

Just managed to catch the dip at .62p and added another 458,000 before the rise back to .66p. I really am calling it a day here now and will just put everything in the bottom drawer and hold tight. I hope we have seen the last of the .4's and .5's. I should have bought the lot at .5 yesterday morning but hind sight is a wonderful thing. Good luck all.

25% and climbing now

I'm in agreement with TassOil over on the ii discussion board. I've said it many times before but I'd rather a steady climb of a few percent each day rather than big peaks and troughs. Big spikes and 20% rises in a day are all well and good but they attract too much attention and the pump and dump merchants then climb aboard. This share is primed for a recovery but I'd like it to be sustained for the years ahead. I appreciate nothing goes up in a straight line. Fingers crossed for a good AGM in 5 days time and confirmation that the worst is now behind us.

Another top up - I'm thinking the same now it has pulled back under .55p as and when this moves it will move pretty quick. What's your exposure guest? I'm sat on 2m at 1.33p after this morning. I've got the funds for another 500k but I'm so locked into BHR as I've ignored all the golden investor rules. I get very twitchy about BHR at times and we're not out of the woods by a long way. Good luck whatever you decide to do.

Couldn't resist a late morning look in. Pleasantly surprised we have broken the .5p and .6p ceiling in the same morning. There must have been a news leak somewhere or a lot of speculators are suddenly in sync. Today is the first of 15 BHR trades I have made that I have hopefully called correctly and is heading north. It had to happen one day I suppose. Come on BHR keep on truckin north.

Having topped up/averaged down again I have been doing a little mid morning maths. With the dilution that has taken place over the last few years and the shares in issue now, the £120m takeover offer/market cap now equates to a share price of 6.36p. Where we are now I'd settle for half that, though many won't. Just dropped back to .475p. I'm switching off now and getting on with some work, I'll check back in at 4.30. All the best idg69