Hi Breezy, No I stayed away from JLP even though I think they are a better long term prospect than BHR. I want out of here but am too stubborn to sell now. I've come this far I may as well wait a little longer. You and I got sucked into this share on false promises of being an imminent low-cost profitable Tier 1 producer and that was Qtr 3-4 2013, they will miss that deadline by 2 years at the earliest.
Hi Breezy, it's hard know what is happening with BHR, everything is guesswork. I'd like to think a pre-requisite of the finance deal is that Darwin must no longer hold any shares for the new lender to sign off on the deal. It's all conjecture I know. I hope that Commerzbank AG buy up the Darwin sells and we move forward with a reputable lender who has the companies long term survival as a core reason to invest. 250m sells in one hit and no drop in price is very unusual.
Is the big sell off this morning a positive or negative move? I can't work it out. You would have expected a drop in the share price but it's held steady at .11p If it's Darwins final hurrah then it could be seen as a good thing - truth is I've no idea. Gapup - losing sleep over BHR is not good for the soul. We go into these stocks with visions of blue skies and financial freedom in the years to come never thinking we could be in this position.
Waddid - you have to laugh otherwise you'd be in tears with this share. I'm so over extended on this one and very worried it will go pop. Massive manipulation is going on with Darwin and the Board in my opinion and would go as far as to say illegal in any other walk of life - disgraceful behaviour. RK has been Rogered senseless by Darwin who clearly hold all the cards - he probably even applies his own lubricant!
what i would do to see 1p - I'd bare my arse at the Waitrose checkouts for 1p right now!
Evening Breezy, e-mailing the BoD unfortunately won't get you anywhere my friend. It might release some frustration on your part but kicking the dog might be more fruitful. They are a sorry bunch and a disgrace for what they have and have not done for this company. I'm no high flyer and know sod all about raising capital, however there are guys out there that seem to manage in what is a difficult market place. Mining has always been cyclical and probably always will be, though this trough is a big one to be stuck in. It pains me to say it but I don't think we'll make it now and I don't know what to do for the best. Buy more, average down and hope for a 'London Mining' bounce at the end and get out quickly on a rise? Or will it just fizzle out like a damp sparkler on November 5th and watch my last few thousand go down the tubes. I've no idea what to do for the best.
den vitol wud get nuttin man, tink long term, either bring da company down wit da interest call it cannot mek or hope dat it reaches production den able to pay da interest to da man.
BHR is na Fitbug man, de clowns dat run dis cud no deliver dem pizza
hahaha dis union is da funny man if da code for dem needing to mek up dem losses i wud be Winston0509
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