Beacon Hill Resources - Re: BHR Stream Log - idg69 - It certainly is...

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16:47 03/04/2014

idg69 - It certainly is a long and uphill road for BHR in the coming 12 - 24 months, whether they can last the course remains to be seen, as usual us small PI's have been shafted, you are spot on with your views on coal, very unpopular, I think the carbon capture could be good if they can get the technology right, I think EON were looking at it for Kingsnorth Power Station re-build however they could not get govt funding for unproven technology. Unfortunately we are stuck at the bottom of a cycle, I often wonder what I was buying when I first bought in 3 long and painful years ago, we had no washplant, no rail, nothing really other than the mine although saying that the price of coal was over 60% higher then so we could have sent it to mport in taxi's and still made money. I'll give that Chasing Madoff a go, could do with something to take my mind of this awful share. Good luck!

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