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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. > -WORK IT- FOR THAT GREEN DAY....
View:
Post by Prof_JD on Sep 22, 2014 9:47am

-WORK IT- FOR THAT GREEN DAY....

BECAUSE IT AINT FINISHING GREEN TODAY YET LOL

YOU VAN BET ANYTHING ON IT
JUST WATCH AND SEE 

JD THE PROF-
Comment by poorgrammar on Sep 22, 2014 8:51pm
I was expecting this rebound. I do see lot of people exiting and many new excited entrants on the other hand I bet BAA will revisit 16.5c before anything happens. Just waiting to see how well gold holds the 1200 mark if it rebound which I doubt it will, BAA will make lot of new new comers really happy. Technical side shows a rebound from 16c to 45c. GLTA
Comment by Prof_JD on Sep 23, 2014 12:24am
Poorgrammarman we will see... im not putting that Jan Bullish hat and jersey on quite yet. BAA finally eeked a GREEN day from god knows where. Now one must wonder how long until it sees another green day.... or will it finally eek out 2 in a row.... or 3 (last time it has done that was june 13, 2014). Ok lets not get ahead of ourselves. as for the SP rebound.... it MUST at least meet 45. its been ...more  
Comment by Kronsteen on Sep 23, 2014 5:20am
When BAA jumped from 18 cents to 29 cents a couple of weeks ago, was that not a 'green day'? The reason for the green yesterday was, as you say, it is way oversold. The ETF will rue the day they sold those shares, which they only did because it fell below their (ridiculously inflexible) criteria. Simple technicality. 
Comment by arielpls on Sep 23, 2014 6:54am
You're right Kronsteen.   According to the news Monday morning, there was no change in plans as was announced on August 18. At this news, the stock had rapidly increased to 0.30, as the market was encouraged. Now then drop that there is no change. Yes, he talks of rebalancing, but the rest of Friday exaggerated in my opinion. As of September 15, there were still 3.2 million shorts. ...more  
Comment by Kronsteen on Sep 23, 2014 9:30am
Absolutely. I emailed Naomi Nemeth at investor relations over the weekend and she replied yesterday saying about the ETF etc, and that the financing was all on course for next month. Very re-assuring. 
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