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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 jermiah777on Sep 30, 2014 12:28am
166 Views
Post# 22981542

RE:Thanks Birch.....

RE:Thanks Birch.....Is baa a wise investment at 17.5 cents? All comes down to one factor? Future price of gold. I agree that their is market manipulation. But it doesn't change the fact that gold is 1218 an ounce and NOT 1350 OR 2000. So danny deadlock refers his readers to an article by bloomberg where Jeffrey Currie , who is head of commodities research at Goldman Sachs Group Inc. Obviously danny believes this research group. And these guys have a GREAT track record of predicting golds future prices. So before anyone on this board criticizes them...remember they know much more about all the forces shaping golds price than anyone on this board. So best to keep quiet and seriously consider their predictions....they MIGHT BE WRONG.....BUT VERY VERY LIKELY THEY ARE RIGHT. And what do they predict for gold?? 1050 ! ! ! Now think about it:: if t.baa is 17.5 cents when gold is 1215....what do you think it will be when gold is 1050? ? ?
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