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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

Comment by birch1on Sep 29, 2014 10:35pm
143 Views
Post# 22981366

RE:WITH ALL THIS DEBT INCURRED....

RE:WITH ALL THIS DEBT INCURRED....
The deal closes soon.  Pre bought gold with only 12K ounces per here to go to the guys that bail out when they will be producing 200K ounces per year.  The gold is sold for cost pretty much based on the $80 million up front payment.  This is a steel at this SP.  All debt paid off and cash to boot.  Go do some research.
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