Beacon Hill Resources - Re: BHR Stream Log - Analysts at Canaccord Genuity decreased...

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12:14 16/04/2014

Analysts at Canaccord Genuity decreased their price target on shares of Beacon Hill Resources Plc. Who would take any notice of these clowns when you look back over their historic price targets for BHR? How miserable is it being stuck down here at these levels? It is going to take an awful lot of good news and a rise in the price of coal to change investor sentiment and put this on the road to recovery and I can't see either happening in the short term. I am just going to sit this one out during 2014 and see what happens. I don't have any confidence (or money) left to average down further at the moment. There is no point selling at this price. It would be good to have a regular news stream from BHR though in terms of trains and finally securing the debt facility (binding and not non-binding) Good luck all.

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