Beacon Hill Resources - Re: BHR Stream Log - Good afternoon my friend -...

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14:48 15/07/2014

Good afternoon my friend - the dreaded BHR do I top up scenario! We have all been there. Breezy, I have topped up 16 times now believe it or not and put another 4k in on the last climb at .66p confident that I'd finally caught it on a sustained rise - how daft was I to think that? The board then announced another 600m shares and we plummet to .37p - I would have still spent the 4k on BHR but can kick myself as to how many more shares I could have got my hands on. It's a tough call. I'm so over exposed on this stock myself it makes my stomach churn on every fall, which is an awful place to be. On a good day I think a back room deal is being orchestrated at this moment in time and we will be spared our losses with a 2-3p take over. On a bad day I suspect evil forces are at play and the big investors will take it private and we will get shafted. The ideal scenario is for the board to do what they are paid for and get this to Tier 1 production and start selling some coal, make a load of profit and the share price recovers over 5p. I'm not convinced the latter will happen. Good luck in your choice. Cheers, idg69

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