Beacon Hill Resources Forum

Romanoff you must have gonads of steel (subject to you being of the male persuasion) or you need your bumps feeling. I am sat on 1.5 million at 1.6p and I have the funds to add another 750k which would bring my average closer to the 1.2p mark. I just don't have the conviction that the board can pull this off at the moment. I might just sit with my finger hovering on the buy button ready for the news to break before committing. Good luck matey and let's hope fortune really does favor the brave.

Google finance reported on close that over 40m shares were traded in BHR today that's 10x the average daily average over the last 30 days. Would be nice to think Rowan and his board have put their hands in their pockets and bought some shares. That would at least give us some hope that they have some faith in their own abilities to turn this ship around and put us on the right track. I do accept that they are trading in very difficult times for the coal markets but you would expect the directors to have shares in their own company. I know it's all been said before sorry for sounding like a broken record. Here's to a better day tomorrow - can we go any lower? all the best, Mr Disgruntled

You wouldn't have thought we could have ever considered being at these depths from where this share price once was. This is disgraceful behaviour by the bod, we were told before Christmas that they would confirm the senior debt facility was secure in the new year, we are now 20th May and still not secured and by that I mean a binding offer. I feel sick at the prospect that this could all go down the tubes and we could lose the lot. I only have myself to blame if it does as it was my decision to put my money here, but I have to say on the misleading information provided by the board. I think it goes beyond needing good luck, we need a miracle.

What a shocker! I predicted last week that without good news from the board that this could slide to .35p and sadly I have been correct on this occasion. I am at a loss as what to do though. Is this a great buying opportunity or just flogging a dead horse? The lack of any news from the board is very worrying. This company has/had so much potential. A very sad day indeed.

I correct my last post having checked the trades on iweb it was a sell at 12:40 at 0.36p 5,988,024 shares £21,557 value.

According to Google finance someone has just off loaded 6.49m shares at .39p. Do they know something we don't or have they just taken a big hit and want to get out? I'm not really bothered what the share price does in the short to medium term I would just like to have the security of knowing that we are going to be in business in 6 to 12 months time. Come on BHR you may have achieved big things operationally but as for keeping investors posted on the true state of affairs your are awful. Lets see this company pull it's self from the mire and move forward.

Good morning all and here's to another week in the good ship BHR. I wish I had more confidence in BHR at this moment in time as I'm sure you all do. I would love to fill my boots at this level and get that average below the 1p level. Having done a little light reading on Baobab we are such a strong fit in terms of partnering with them to produce something quite special in the Tete region. We have loads of good quality coal and they need lots of the stuff. It would be good to see some form of joint venture/tie up to secure our future. Good luck all and fingers crossed we get some good news on finance very soon. It's long over due considering we are almost half way through the year already.

Tempted to bail out, but something tells you you to sit tight - I know just how you feel. I bought FDL years ago at 7p and watched it slide to 2.2p at it's lowest point when it was touch and go as to whether they could get all their financial cards in order. I held on and 12 months later they came through and have gone on to do pretty well. I am hoping BHR can follow the same pattern although they have a massive hill to climb from where they are now. I'm not even considering average down at the moment until some concrete news comes through, it's just too risky. GLA

Hi Breezy, yes it is very quiet today. I keep looking in to see if there are any new pearls of wisdom posted. They say that money moves from the impatient to the patient - let's hope this is the case for all those long term BHR holders who are still hanging in by their finger nails. I look back over my stock portfolio from 12 months ago before getting embroiled in this shower and everyone has gone on to rise big time. BHR has just nudged to .43p as I type - hold tight we're on our way to the stars (if only) This has got a marathon to run before returning any value to most of the long timers. Good luck matey and all the best idg69

One positive bit of spin from my last post is that there are people out there who are prepared to invest in coal projects. If this guy can get a private equity firm to put up $200 million for a coal project purchase then our guys should be able to get $30 million to get BHR to the start line as a tier 1 producer - you would think.