A couple of things....Some lighter news to start:
https://edition.cnn.com/2011/WORLD/africa/04/18/burkina.faso.government/
And in case you missed it, here is a letter to a shareholder of ROG that was posted over on that board.
Dear Dr. XXXXXXXX
Therehas been some political upheaval in Burkina Faso that has spooked someinvestors, however this seems to be getting slowly resolved. Ourreports from people in the country is that it is getting blown out ofproportion in some of the online news sights. As best we can figure atthis point in time is some of the members of the armed forces had notreceived certain allowances they were entitled to in a timely fashion.To express their dissatisfaction they have taken to discharging theirfirearms and isolated instances of shops being looted. No one has beenkilled. Nonetheless this has caused alarm with some shareholders, notonly in ROG, but all of the Burkina Faso companies such as RVS,CHU, IXI, SMF, ORE have taken a hit. Things in Burkina Faso seem to bestabilizing as are the markets in some of the other companies after atough couple of days, Initial feedback from the underwriting syndicateis that nothing has changed with respect to the financing at this pointin time.Once things settle down a bit in Burkina Faso, I expect the pressurewill abate from the trading in the shares of all of the BK basedcompanies.
Barry Girling
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I suspect some of the buyers today had advanced notice of the news.... I didn't, lol.
Sorry to those who got shaken out at $.24 cents. Whoops.