Beacon Hill Resources - Re: BHR Stream Log - God knows Breezy, and the...

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18:54 03/11/2014

God knows Breezy, and the truth is nobody knows. According to Google finance stats and figures BHR have 212 staff on the payroll. What on earth are over 200 people doing at a company that doesn't produce any coal and has been on a go slow for 12 months. Everyday gets more worrying without news. I try and switch off from it and focus on work but I've always got and eye on my second monitor in case a news alert pops up. It would be a massive gamble now (if it wasn't previously) to put £5k in now and just ride it out. If they come good and it's a massive if, the upside would be huge. For us boys up near 1p this is torture. If we climb to .2p everyone will get giddy and euphoria for some but we'll still be 70 to 80% down. Crazy to think this company had a market cap of £120million and we still have all the assets we had back then. Old fashioned business principles don't go away - a company with no cash, irrespective of assets can't continue trading. Fingers crossed for all our sakes something can be done to save this company from going bust.

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