Beacon Hill Resources - BHR Stream Log

Analysts at Canaccord Genuity decreased their price target on shares of Beacon Hill Resources Plc. Who would take any notice of these clowns when you look back over their historic price targets for BHR? How miserable is it being stuck down here at these levels? It is going to take an awful lot of good news and a rise in the price of coal to change investor sentiment and put this on the road to recovery and I can't see either happening in the short term. I am just going to sit this one out during 2014 and see what happens. I don't have any confidence (or money) left to average down further at the moment. There is no point selling at this price. It would be good to have a regular news stream from BHR though in terms of trains and finally securing the debt facility (binding and not non-binding) Good luck all.

Darwin will have timed there short perfectly if we get news next week on trains as they close their short - amazing how timings always work out eh?

i believe the worst is where we are at, or at least near to it, if you sold - now is the time to get back in, if you have held - dont sell now, well that my personal take on it - as ever IMHO and DYOR etc etc....

darwin shorting the ar** off this - when will it end?? not long hopefully........

got a feeling that by this time next year we will be trading at +5p mark my words!

wonder when they are going to take this back up and cash in all those cheap shares they have accumilated!! just a matter of timing of when to get out ready for the drop!! rinse and repeat....play them at their own game i say

Another day at the bottom of the barrel. It's looking like we will be scraping along here for some time to come. I think any bounce is going to be some way away. I am only checking in once a day now - it's too painful otherwise. There seems to be a lot of bickering on the LSE board of late - most of it I don't understand. Patience is wearing thin and tempers are getting frayed. If Darwin and those pesky middle managers have their way this could get pulled down even further. It would be good to know the trains and carriages have been checked over and signed off ready for the sub-leasing to commence - that would be a little good news in the current climate. The days trading numbers are woeful at the moment, but you can't expect much more I suppose. Good luck all. I know its not a happy place to be right now but lets hope for better months ahead.

Good morning Breezy, nice to see you are still with us. I suspect with our holdings we are all going to be around a lot longer at these prices - unless by some miracle a takeover pops up on the radar, which I can't see happening at all. I suspect we are being watched from afar but only with the intention of picking the bits from an administrator if the finance doesn't get sorted within the next 12 months. The trains being signed off and the sub-leasing starting in earnest will be a big milestone operationally but I don't think will have any affect on the share price. Anyone investing/gambling in BHR now may as well just flip a coin. I wish I could be more confident. Until the last RNS I thought we only needed the SDF secured and that would see us through to Tier 1 production (which is what we have been lead to believe for the last 6 months. Now it transpires we need another 10m on top of that to fund the rail sidings at Biera - that is a big wad of cash. I hope the new finance guy is a heavyweight in these areas as he is going to have his work cut out. All the best matey, all we can do now is live in hope our luck changes and the coal markets start to pick up.

400k at 0.54 now who would have sold that amount?

nice rise into close