Bullboard - Stock Discussion Forum BANRO CORP. T.BAA

Metals & Mining Gold

"Banro Corp through its subsidiaries, is engaged in the exploration and development of its gold properties, including Twangiza, Namoya, Lugushwa and Kamituga."

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BANRO CORP. > CAUTION: 1 oPTIMISM 0

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Post by ProfJD on Nov 15, 2014 4:16pm

CAUTION: 1 oPTIMISM 0

Birchman, when it comes to BAA as you can imagine i preffer to give air to Cation rahter than Optimism.
How many dozens of times in the last few months have holders gotten ahead of themselves only to see recent gain in SP evapotate to nothing.
This time, its better to Hold-off any optimism until this sack hits 40 cents... then we can
ONLY SLIGHTLY start thinking of optimism.

For now: aint no Joe Bullish hguna stink up the BAA room.
need to not get ahead of ourselves with this one as
OPTIMISM = KRYPPTONITE FOR BAA ANYWAY.... NT FOR THE OTHER 1000 OTHER JUNKBONDS THAT TRADE MANY TIMES OVER THEIR VALUATION LOL

JD

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Comment by poorgrammar on Nov 16, 2014 4:58pm

this stock would not cross the obvious 24c until the 41$ mill is actually in the acct. Look at V.POP it went from 20c to 80c in 3 weeks simply because of a 14$ mill pp that suppose to enroll the company into a joint venture. Oct 7 company said they don't have the money so stock fell 50% then went up 50% because they made 1$ mill payment to show they were serious about going with the deal. Then ...more

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Comment by Tronict on Nov 16, 2014 7:38pm

I respectfully disagree. They are mining almost more per quarter in value than their market cap! The ratio of total assets to total liabilities is equivalent to AEM and higher than ABX. Their current EPS are higher than a lot of other gold companies, AISC lower and very ready to take on any capitulation that may come. Don't forget that for some reason, if all gold companies corrected to trade ...more

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Comment by birch1 on Nov 16, 2014 7:54pm

Yup, probably right. I'd rather be in before. I would do some DD on gold holding and their strategy as it needs physical gold to execute. Expect the money Monday through Thursday. They said it was imminent on the call. I'm gonna wait for it. Cheers.

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Comment by ProfJD on Nov 16, 2014 9:53pm

BIRCHMAN, PROGRAMMERMAN , TONICMAN I AGREE WITH YOU ALL but I CHOOSE TO CASTRATE MY OPTIMISM FOR THIS ONE UNTIL I SEEEEEEEEEEEEE RESULTS. THATS BEING SAID- I HOPE THIS STOCK CAN RISE SOON. IM SEEING PLENTY A JUNK BOND DOIN IT WHY CANT BAA ? LETS GOOOOOOOOOOOOOOOOOO ALREADY JD

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Comment by birch1 on Nov 17, 2014 8:03pm

Lets see. $41 million I hope any day. UAE was back to work on Sunday. BAA back today. Cash this week.

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Comment by ProfJD on Nov 18, 2014 12:31am

Birchman, if i were you id stop skating so hard to the net with all this optimism that never amounted to anything thus far and wait for that bit of news you reffering to. then we can paint the appropriate picture. thus far though the only chart i can paint for BAA is that of the famous tulip bubble in the 1700's

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