Beacon Hill Resources Forum

Just ticked up to .53p on Google Finance. Managed to get another 275,000 at .5p before the increase. I'm sticking now and just hoping and praying for a sustained rise from here. Good luck all, it's certainly time we had some.

It would be nice to think that one day poor old BHR could go Boom (and not bust) but it's hard to imagine this in the current climate. A quick rise back above 1p would be appreciated and then a progressive and sustained rise back over the 3p mark and beyond would be sensational. Maybe not for those long termers above 5-10p as it's unlikely (in the short to medium term - 12-24 months) they will see their money back, which is desperate considering the potential that was talked about 3 years ago when this company was well above 10p. So much damage has been done to this shares credibility since then. All the best and good luck.

Morning Guest, my thoughts are the same as yours, though 1p before then sounds unlikely as we can't break .5p at them moment. The AGM should be an opportunity for the board to communicate all the loose ends have been tied off, however their track record on news and timescales is very poor.

Morning Guest, my thoughts are the same as yours, though 1p before then sounds unlikely as we can't break .5p at them moment. The AGM should be an opportunity for the board to communicate all the loose ends have been tied off, however their track record on tnews

It would be good to get that average as close to 1p as possible whilst I can. Fingers crossed we have some good news before the month end.

Just ticked up to .48 on very little trading activity during the day. I'm tempted to have another top up and go over the 2m shares mark. Is it a little premature with the AGM around the corner? if it goes back below .44 I think I might. It would be get that average as close to 1p as possible whilst I can. Fingers crossed we have some good news before the month end.

And back down to .422 on the news: Beacon Hill hereby announces that the Company has received a notice of exercise by Darwin Strategic Limited ('Darwin'), to convert £200,000 of Darwin's Convertible Loan Note at a gross conversion price of 0.004304p per share. Details of the Convertible Loan Note were announced to the market on 4 October 2013 pursuant to which 46,468,401 ordinary shares (the 'Convertible Shares') now fall to be issued. Application has been made for the Conversion Shares to be admitted to trading on AIM with admission expected to take place on or about 16 June 2014. The Shares will rank pari passu in all respects with all existing ordinary shares in the Company. Following admission of the Shares, the Company's enlarged issued share capital will comprise 1,886,943,957 ordinary shares with voting rights. This figure of 1,886,943,957 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules. The sooner BHR can get these parasites off their backs the better things will be. Shorting has become the norm now on aim stocks and is battering companies share price as we know all too well. There are very little ethics in business and finance these days - a sad reflection on the times we live in. I appreciate us small investors are in this game to make money like everyone, but let's at least have a level playing field. The sooner shorting is banned the better for everyone.

And back down to .422 on the news: Beacon Hill hereby announces that the Company has received a notice of exercise by Darwin Strategic Limited ('Darwin'), to convert £200,000 of Darwin's Convertible Loan Note at a gross conversion price of 0.004304p per share. Details of the Convertible Loan Note were announced to the market on 4 October 2013 pursuant to which 46,468,401 ordinary shares (the 'Convertible Shares') now fall to be issued. Application has been made for the Conversion Shares to be admitted to trading on AIM with admission expected to take place on or about 16 June 2014. The Shares will rank pari passu in all respects with all existing ordinary shares in the Company. Following admission of the Shares, the Company's enlarged issued share capital will comprise 1,886,943,957 ordinary shares with voting rights. This figure of 1,886,943,957 ordinary shares may be used by shareholders in the Company as the denominator for the calculations by which they will determine if they are required to notify their interest in, or a change in their interest in, the share capital of the Company under the FCA's Disclosure and Transparency Rules.

Ignore the last post, it included a web link to a short selling article on Herbalife, which is very similar to our position with Darwin.

A little light reading before bedtime: