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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. > THIS STOCK IS OVERBROUGHT!
View:
Post by MrWallstreet on Jan 08, 2016 11:03am

THIS STOCK IS OVERBROUGHT!

I USE BARCHART TRADER AND MARKET TREND SIGNAL FOR ALL LIVE TECHNICAL ANALAYIZE.AND QUOTES.THIS STOCK IS WAY OVERBROUGHT !WHAT GOES UP WILL COME DOWN.
Comment by mudmanhythe on Jan 09, 2016 4:33am
your hilarious! This stock is far from overbought, it is just getting warmed up and will surge in the months to come. We have moved from low twenties to thirty cents on virtually little to no volume at all. The Banksters have shook about as many shares as they are going to get from week hands and we are days away from reports of this company exceeding yearly production targets with a new mine set ...more  
Comment by baystock1 on Jan 09, 2016 6:22pm
mudmanhythe. do you think the Banro shares are due for a rerating such that Banro share price can start a very nice upleg on its own improving company fundaments, even if the price of gold were to continue to go sideways in a trading range for rest of the year ?
Comment by mudmanhythe on Jan 10, 2016 9:33pm
You know in my humble opinion yes! I honestly believe they will become a takeover target as well for a major looking to add some low cost production and additional future reserves to their present portfolio. Providing we don't see a collapse in gold to 700 an ounce I think this may be one of the most undervalued juniors in the sector. If gold holds at 1100 and increases to even 1200 to 1300 ...more  
Comment by ChiefCommander1 on Jan 11, 2016 2:11pm
This post has been removed in accordance with Community Policy
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