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Bullboard - Stock Discussion Forum BANRO CORP. T.BAA

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

TSX:BAA - Post Discussion

BANRO CORP. > Wall St. Journal article "reads like... Heart of Darkness"
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Post by merriam on Nov 04, 2015 6:42pm

Wall St. Journal article "reads like... Heart of Darkness"

The Wall Street Journal has written an interesting article on Banro, "How a BlackRock Bet on African Gold Lost Its Luster".  Here is a quote which gives a taste of the main points considered:

"Banro’s current CEO, John Clarke, a board member now and at the time, wrote in a September email that Banro can’t disclose why his predecessor left and that it is “complete nonsense” that there were internal corporate-governance concerns. He said Banro didn’t make any improper payments and wasn’t involved in the deaths locals allege."

Here are a few excerpts from the article's comment section:

"Tell me how can Banro follow "Conflict free standards", when they are the catalyst for the conflict!"

"A very intriguing article that reads like Joseph Conrad's "Heart of Darkness"."

Biased and worth a read.
Comment by mudmanhythe on Nov 05, 2015 12:10am
Funny you know, if there is one rule I've always followed in life; that has very rarely steered me wrong it is to make sure to do the very opposite of what main stream media is selling or trying to plant for thoughts into the masses via newsprint, radio or especially social media. These methods are today's most effective way to communicate to the masses creating false fears/ realities or ...more  
Comment by ChiefCommander1 on Nov 07, 2015 10:18am
This post has been removed in accordance with Community Policy
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