Beacon Hill Resources - BHR Stream Log

Must mean finance deal done. ALL we have to do now is make a profit . Can this company eventually pay off it's debts and become profitable? I hope so.

That's more like it.

I have bought a few.

I'm not deramping as I have 30k tied up in this shower but lets not get excited at .29p. SharechatAim on LSE saying smart money will be buying massively here is just stupid. 5 days before the last RNS this was taken from .35p to just shy of .7p to have it crash back down on the rocks when the BoD issued another 600m shares at .25p. They may just do exactly the same with another placing to allow the big boys to average down ever further. I don't trust our BoD to anything in the interest of the private investor. If history has taught us nothing with BHR it is never plain sailing and expect the rug to be pulled at any moment. Until some cast iron agreements have been concluded my money is staying in my back pocket. I've been burnt badly on this stock and I'm just being realistic.

The only thing that will be gone forever is BHR the company if they don't secure the debt facility and get those trains sub leased pretty damn quick. All the talk of Ukraine running out of coal is ridiculous as far as BHR are concerned. have people forgotten that we are not producing coal in any serious volume at this time and even if we are we don't have the wash plant upgrade or transport to get the stuff to market. People on these boards have just not done their homework as to what state this business really is in. We are 12 months off exporting coal and only then if we get all the finance in place. And let's not forget the debt facility if secured doesn't allow for the further 10m they said we would need to develop the rail sidings at Biera. Come on guys understand the basics of this buiness before you ramp it up into something it isn't. It had and maybe still does have great potential but I'm not sure if we have the BoD in place to realise this.

There are a few rampers starting to appear on LSE - Sharechat AIM in particular. These boys pop up spout their nonsense and disappear just as quick. I saw this with CPP last August and again this year. Nothing has changed with this company and we are still on a cliff edge as to it's survival. I have 4k I can tap into to almost double my holding and bring my average down around the .75p - .85p mark but what's the point if we go up in smoke within the next 6 months. Zero confidence in the BoD to pull this through - I hope I am proved wrong but going on the past 3 years I'm not convinced they have what it takes.

I'm sorry but I can't get excited at .25p. When you've been here 12 months and beyond and you started trading at 2.8p the .25p doesn't cut it with me. I'll sleep easier when we get above 1.5p and that could be an awfully long time with these turkeys running the show. If we start spiking at these low levels the day traders will have a field day pumping and subsequently dumping this stock.

Everyday we just sink to a new low. You would have to be very brave/foolish/risk averse to invest here now. Very much a black or red share now. The BoD want stringing up for what they have/have not done with this company.

At what point would/could shares in BHR be suspended?

Idg69 - I agree, the BoD and ii's won't stop until they sqeeze out every last drop, surely the FCA should look at companies who lose this much value!