Bullboard - Stock Discussion Forum BANRO CORP. T.BAA

Metals & Mining Gold

"Banro Corp through its subsidiaries, is engaged in the exploration and development of its gold properties, including Twangiza, Namoya, Lugushwa and Kamituga."

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TSX:BAA - Post Discussion

BANRO CORP. > BAA : 1 DOLLAR BY END OF MAY

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Post by joe3232 on May 01, 2015 2:52pm

BAA : 1 DOLLAR BY END OF MAY

FINANCING DONE..

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Comment by sanddevil on May 03, 2015 2:06pm

Bought in on Thursday, have been watching BAA for over 6 months, and now that it is breaking out, am back in. Have been in and out of this stock before, but back around $2.50 mark and out around $4.50 Hard to believe this stock touched nearly $6.00 just a couple of years ago.... Things are looking really, really good for BAA and considering historical ...more

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Comment by contraman on May 08, 2015 7:37pm

strong action today. a lot of buying at the ask. Investor interest is growing. Time will tell but I think those who sell now are idiots. Many sold @.15 too. Even with these gold prices it should be a five bagger from here. Just gotta be patient with it.

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Comment by Tronict on May 09, 2015 1:34pm

This is the perfect contrarian trade and now that the direction of the trend is fully reversed, it should accelerate to approximately book value, IMO, which represents a little less than a 10 bagger from here!

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Comment by contraman on May 10, 2015 2:43pm

I actually agree that its more than five bagger here. Just trying to be conservative. Huge potential here: excellent reserves, two producing low cost mines, and costs are getting lower, growing production, fully financed, reducing accounts payable and debt - you name it...

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