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. > Invest in British columbia where we have ounces per ton.

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Post by Iamthetide on Jun 08, 2015 1:19pm

Invest in British columbia where we have ounces per ton.

1-3 grams per ton? Get a grip people, that's poor grade ore.

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Comment by Tronict on Jun 08, 2015 5:01pm

What do you know about anything? You just signed up last week and your bringing all of this unjustified hostility against a great stock with a great future. Get on board or keep crying! Question is - why are you so bitter?

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Comment by sanddevil on Jun 09, 2015 12:16am

Gotta look at the numbers... &excl;&excl; Cut off grades at the mines are from 0.4 to 0.8 g/tonne. So yes, lower grade ores... but also if they are cheaper to mine (near surface) and cheaper development costs.... means more than deep ore oz/tonne mines with huge development and operating costs. So it is not comparing apples to apples.... let the financials speak for themselves.... and ...more

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Comment by sanddevil on Jun 09, 2015 12:24am

How about Thompson Creek ? (TCM) Lost $87 MM in Q1, 2015 and can't read what their 'all in sustaining capitals costs' are for their gold mine in BC. SD

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Comment by ChiefCommander1 on Jun 09, 2015 7:26am

This post has been removed in accordance with Community Policy

Comment by sanddevil on Jun 10, 2015 1:18pm

Iamthetide - no reply ? Mining Engineering and Mines are more complex animals than just 'ore grade'. BAA is a surface mine ! A huge cost for any mine is the amount of overburden that needs to be moved and handled. Even is a core sample shows 3 oz/tonne, if it is 3 KM under the earth and not a large deposit, it is NOT ...more

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