Close to 10% of the companies shareholding has been traded today. Something has to be in the offing. I'm clinging to every thread of hope that it's positive and our future is secure. I put in another grand around the same time as you Breezy. The 3 grand I put in at .66p thinking we'd turned the corner hurts a lot more. If I'd held on another month or so I could have bought double my entire holding with that money and reduced my average to under .5p. good luck pal and I hope we can look back on this in 12 months with some profit in our back pockets.
If BHR can secure finance and the share starts to move quickly, I'm tempted to throw my full allowance at this, get that average down to .5p and get out asap.
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.
goforit - you have made chuckle today, very eloquently put there my friend. We need something to smile about in these dark times for the BHR share price.
Good moaning Romanof, are we well today? Are we glass of empty or half full? What's your premonition for the debt facility news? will we or won't we? The board have done little if anything to date that convinces me they have the whereabouts to pull a deal together. RK and his merry men now 2 years ago that this would one day teeter on the edge which is why they never bought any shares in my humble opinion.