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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. > $41 Million
View:
Post by birch1 on Nov 12, 2014 11:23am

$41 Million

imminent per call today.  Stacked asks to keep price down.
Comment by Tronict on Nov 12, 2014 12:14pm
There is a surprising amount of selling pressure between .20 and 0.25. I can't imagine anyone would be selling on all of the recent news so why would "they" be trying to keep the price down? In what interests? Does this have to do with the $0.27 Gramercy options? Thanks!
Comment by birch1 on Nov 12, 2014 12:33pm
I think for accumulation on the $41 million.  Gramercy options don't expire for just less than 3 years from now, so no need to keep it down for that.  Its the $41 million announcement that is comming, then you see the asks being raised.  Games Games Games.
Comment by poorgrammar on Nov 12, 2014 2:15pm
gold space is a very scary place to be. Wait for the confirmation on nov/30th vote to determine which direction this paly will go, that the root cause for sp being down mho
Comment by ProfJD on Nov 12, 2014 2:16pm
for crying out loud this stock cant even break 20 cents and stay thre for more than 1 hour..... ive seen plenty a crppy stock bouncing why cant BAA do it with all its potential? must mean it posibly cant jd 
Comment by birch1 on Nov 12, 2014 2:26pm
LOL, Actually I think this is more of an issue of stiffling off any further retail interest that keeps this from breaking much when it probably should.  Those asks at $0.205 through to $0.23 are bs.
Comment by ProfJD on Nov 12, 2014 3:56pm
birchman,,, you sound way way too optimistic for this stock. you sohuld be crying by now as this putridness cant even break 20c. not on any news.  q3....financing...nada. while all the other junk bonds seem to find a way to go from 10c to 40c out f thin air. jd -  thats the reality here lol 
Comment by birch1 on Nov 12, 2014 7:24pm
They are going to take this up slowly IMHO.  $41 million in the bank comming.  They say it is immenent.  If not by tomorrow, then Monday or Tuesday.  UAE shuts down Friday and Saturday for the weekend.  Perhaps that is what people are waiting for.  Money in the bank and the closing which is going to happen.  I am hoping for tomorrow on an NR on closing, otherwise ...more  
Comment by ProfJD on Nov 13, 2014 10:24am
WITH ALL THIS GOING FOR IT PLEASE EXPLAIN WHY WERE DOWN 10% TODAY. IF ANY PUTRID COMPANY OUT THERE CAN REVERSE TREND WHY CANT WE ? ARE WE THAT SPECIAL? LOL JD 
Comment by birch1 on Nov 13, 2014 12:15pm
Being controled by professionals who are accumulating as much of the 15 million shares that are not held by institutions as they can.  Simple.
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