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Bullboard - Stock Discussion Forum 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 Discussion

BANRO CORP. > CIBC mainly the sole seller out there
View:
Post by Power4Play on Aug 05, 2014 9:47am

CIBC mainly the sole seller out there

Any input?
Comment by arielpls on Aug 05, 2014 9:55am
I do not know, but it looks like he wants short since Friday. Friday at 15:59, he bought  a little of his shorts. It seems hesitant ...
Comment by Power4Play on Aug 05, 2014 10:05am
That is what I was wondering... almost 4M shorts as of last update so maybe it is...
Comment by arielpls on Aug 05, 2014 10:26am
By cons, RBC and Credit Suisse buys 0.25. They must believe in the next up ...
Comment by Power4Play on Aug 05, 2014 10:33am
Yep! and once shorties will begin to cover, this will spark for sure. Maybe they has found some alternative to better production with the team at the mine site last week... update might come out soon regarding this.
Comment by Power4Play on Aug 05, 2014 10:37am
Worst case scenario 200'000 onces of gold per year in 12 months from now with 22MM$ to be invested in the plant. With only 250MM outstanding shares, that is a winner, just a matter of time.
Comment by gearyglbeu on Aug 05, 2014 9:56am
This post has been removed in accordance with Community Policy