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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 by User

Post by eInvestor99on Sep 19, 2014 8:00pm
163 Views
Post# 22954337

Where is the actual bottom?

Where is the actual bottom?It is most unnerving to stare this sort of theoretical loss right in the face. But in reality you haven’t actually lost anything at all until you sell. And to me it is still obvious the price is going to be back up over $1 within 12 months. So you just need to have enough guts to hold. The real losers are the people who are selling right now at these crazy low prices. And actually this is an opportunity to double up your holdings and get your average share price way down. The only trick on that is to make sure you buy in at the actual bottom. My gut says that once the real bottom has been reached you are going to see a very quick rebound up over 20 cents. A lot of people do know what is meant by “intrinsic value” and as soon as they see prices starting to firm up, they are going to be jumping in on this bargain, while there still is a bargain here to jump in on.
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