than at any time before - was what I was going to finish with. Good luck matey.
Morning Breezy, it's not pretty is it. I keep checking in from time to time on the boards to see if any new info is forthcoming. God I hope I don't lose my shirt on this one. I can't read the silence on this one, it could be good, bad or indifferent - none of us really have any idea of what the true state of play is, it's all guesswork. Even when the board issue information it's hard to believe it's true and factual. Like so many now, I want out but can't afford the losses. All the best, but feeling less confidentny timeim than at a
Bit of a revolution going on over at LSE, good idea, power and strength in unity, power to the people! Seriously the BOD could do with a bit of remainder that we are still here, all of us PI's have been shafted, 600m placing at 0.25pps god help us with business logic like that! I have absolutely no confidence left in the BOD, only still in because my losses are huge and I'd rather stay for the gamble than cash in!
bull - you gave BHR a BUY rating: time to buy back in.. Will I be right? On the 1st Aug at .42p 6 days later at .41p we're in a death spiral and you're moving on. This company has been in a death spiral for almost 3 years if you look at the charts. There is massive uncertainty surrounding this company on so many levels at this time and I hope we are now just at the bottom of the curve and good news is around the corner. Hard to believe it will be but I live in hope non the less. I hope you are wrong about an imminent death though. Good luck with whatever you move on to.
death spiral here imho - sold up and moved on!! your choice to stay
Good luck Breezy, You and I are sailing in the same boat my friend and it has no life rafts so we have to pray we get to our destination without sinking. I have sunk just shy of £30k in to this stock having being burned to the tune of £24k on CPP this time last year - all of my own doing I have to admit. I need 1.75p to recover all my losses and correct my past mistakes. Having done a load of research on BHR early August last year I really thought it was my get out of jail free card and would sort all my woes by Christmas 2013 - how wrong was I? It couldn't have been any worse and has only compounded the trouble I was in. I am 45 next so I could take the hit but it would be a very painful lesson I'd rather not have to learn. If/when I can get out I won't venture near AIM stocks again, it's just not worth the worry. Yes the gains may occasionally come along but I'll bet more people get burned than those that make it big. All the best pal and I hope for all our sakes BHR can sail these choppy waters and come good for all of us.
Breezy - you crazy fool! Only kidding, i'd be buying more myself if I had the funds. Thankfully I'm skint at the moment which is a good thing as it's stopping me getting into more trouble. I'm sticking at 2.5m with an average of 1.2p As long as we don't go to the wall (which is a possibility) we should see profit within 12 to 18 months. It will be hard not to jump ship if/when I hit breakeven. When you suffer in the way we have over the last 12 months you just want out as soon as possible.
Romanof and Breezy - Couldn't agree more, the share price is disgraceful and no funding no BHR it's as simple as that. BHR have been sailing close to the wind financially for some time now but I think we are on a knife edge now.
Manas Resources (ASX:MSR) has appointed Justin Lewis as a non-executive director. As executive chairman of Beacon Hill Resources (ASX:BHU, AIM:BHR), he led the development and financing of an African based coal mining group. So Justin will be spending even less time now on BHR. I love the comment "he led the development and financing of an African based coal mining group" We are under financed and in fear of running out of money, our share price is on the floor and we are 12 to 18 months behind schedule. Manas you have picked a real winner in Mr Lewis, congratulations! Let's see what this week brings for us poor BHR shareholders.
Manas Resources (ASX:MSR) has appointed Justin Lewis as a non-executive director. As executive chairman of Beacon Hill Resources (ASX:BHU, AIM:BHR), he led the development and financing of an African based coal mining group. So Justin will be spending even less time now on BHR. I love the comment "he led the development and financing of an African based coal mining group" We are under financed and in fear of going belly up, our share price is on the floor and we are 12 to 18 months behind schedule. Manas you have picked a real winner in Mr Lewis, congratulations!
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