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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 Wangotango67on Sep 29, 2014 9:54pm
169 Views
Post# 22981287

WITH ALL THIS DEBT INCURRED....

WITH ALL THIS DEBT INCURRED....HOW LONG WILL IT BE BEFORE THIS STOCK RISES?  THAT'S A LOT OF DEBT TO PAY OFF WITH CREDITORS...  ITS HARD TO SEE THIS STOCK RISING IN PRICE -  TILL THE CREDITORS ARE PAID OFF...  WHAT 3- 4 YRS? 

This so called fiasco in Africa.... of mou's - has hindered a lot of good mines.... and screrwed the investors that put them on their feet and got things going - for instance - Caledonia, or new dawn.. and so many more... Its hard to dish out cash - and invest in a mining co. from Africa - when they've pret near - all been taken over.

It appears the creditors... have thir claws on all the reserves..  I can honestly see - this copany staying in the red ..... for the creditors sake - of saving all the gold for them....  and im sure in the future who's t osay.... they dont do another finacing deal to continue in the red.... and kee pthe same deal going with their creditors... Something ot think about.

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