Beacon Hill Resources - Re: BHR Stream Log - Yoyo, you are misinformed, misguided...

Yoyo, you are misinformed, misguided or both my friend. There was going to be dilution on a biblical proportion with the placing only open to institutional investors with nothing for private investors. RK threw the smallest of bones after the notification to say a further placing would be open to private investors, but let's be realistic, you would have had to be brain dead to even think about taking them up on that offer. This company was on it's death bed 12-18 months ago but we were lied to by the BoD and kept pumping our money in with nothing more than blind faith that it would come good. Karstel would have bought shares if he'd had any confidence that this could be turned around. Investing in a company where the CEO doesn't hold a single share is a warning in itself - we should have all taken that as a warning sign!