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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TSX:BAA - Post Discussion

BANRO CORP. > 41$ mill

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Post by poorgrammar on Dec 03, 2014 12:36pm

41$ mill

that is a piece of bait. Don't buy it. Oct 15 pr stated it will be close in 10 business days and the deal will be close in 1 month. Nov 4th said they plan to close in next few weeks. Here we are no with no positive news. I keep reminding just because Baa wants 41 mill from these guys doesn't mean gold holding will give it to them. In middle east business are done in a way if they are interested they will buy right away and they don't say no to people's face just as courtesy

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Comment by contraman on Dec 03, 2014 2:55pm

The October 15 PR said Banro and Gold Holding expect to sign the definitive agreement related to the Twangiza transaction in one week to 10 business days. It did not say the deal would close in 10 days. The next PR on NOv 4th confirmed that they had signed the definitive agreement. It did not give a date for the closing. So far, there is nothing that contradicts the PRs. The ...more

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Comment by ProfJD on Dec 03, 2014 3:41pm

BAA XMAS PARTY CANCELLED ? I HEAR THEY MIGHT BE BLE TO HAND OUT PEANUT BUTTER AND JAM SANDWITCHES (1 EACH) ....AND IF THEIR LUCKY HOT CHOCOLATE.... BUT THATS PUSHING IT. ALSO URINALS HAVE BEEN SHUT DOWN TO SAVE ON WATER.

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