Beacon Hill Resources - BHR Stream Log

It's looking like the day traders are making a fast buck with London Mining - from .12 to .8p in a matter of an hour and half. They say fortune favors the brave. Would be nice to think BHR could one day go from .13p up to .8p in a few hours.

Cheers Jamsponge, 3.5k would halve my average to .6p but I just can't take that risk. Even .6p appears like a pipe dream from this position. Suki the dog over on LSE has sunk £100k into this outfit - how sick would that make you feel. RK won't get a take over now, we'll be left to go to the wall and our assets will be snapped up at the yard sale. Pitiful state of affairs really. I'm grown up enough to realise shares go down as well as up but I couldn't have foreseen this position when I ventured into these murky waters. All the best, idg69

Sorry about the triple posting - didn't think the submit button was working until I refreshed!

Looks like a good price? I thought that over 12 months back when it was 2.8p I thought I'd be in and out with a quick profit! Only put in what you are prepared to lose - I know that's stating the obvious, but with BHR in the position they are in you may lose the lot. It's a gamble - 6 months ago I thought it was 50/50, now it's more like 80/20. And the 20% refers to the chances of BHR pulling through - All this is my opinion. But with 30k invested in this shower and an average of 1.2p I think I'm within my rights to offer an opinion here. Good luck in whatever you decide to do, but DYOR and don't believe a word the BoD have said over the last 2 years.

RGE2014 - Looks like a good price? I thought that over 12 months back when it was 2.8p I thought I'd be in and out with a quick profit! Only put in what you are prepared to lose - I know that's stating the obvious, but with BHR in the position they are in you may lose the lot. It's a gamble - 6 months ago I thought it was 50/50, now it's more like 80/20. And the 20% refers to the chances of BHR pulling through - All this is my opinion. But with 30k invested in this shower and an average of 1.2p I think I'm within my rights to offer an opinion here. Good luck in whatever you decide to do, but DYOR and don't believe a word the BoD have said over the last 2 years.

RGE2014 - Looks like a good price? I thought that over 12 months back when it was 2.8p I thought I'd be in and out with a quick profit! Only put in what you are prepared to lose - I know that's stating the obvious, but with BHR in the position they are in you may lose the lot. It's a gamble - 6 months ago I thought it was 50/50, now it's more like 80/20. And the 20% refers to the chances of BHR pulling through - All this is my opinion. But with 30k invested in this shower and an average of 1.2p I think I'm within my rights to offer an opinion here. Good luck in whatever you decide to do, but DYOR and don't believe a word the BoD have said over the last 2 years.

looks a good price. should i buy £1000 worth???

a buy, the same about as the volume today.

Cheers guEst, It's not rocket science is it. I don't think RK ever wanted to actually run a working mine. Me thinks he wanted to talk this up, get the rail allocation in place and then have it taken off his hands before any coal was shipped out. Market conditions have gone against him and I think he is floundering around now like a fish in a rapidly evaporating pond!

It's grim and looking grimmer by the day. I would like to double my holding and do some serious damage to my average right now but just don't have the confidence. We need a 10 fold increase from here for me to just break even. RK and his men have decimated this company. They have spent that long holding out for Tier 1 production in the hope they would get snapped up beforehand. Why the heck didn't they run a skeleton staff, scale up gradually over a period of years and get some revenue coming in?