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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. > The more bad news the other big miners like Ashanti today
View:
Post by Goldilocks25 on Feb 22, 2016 1:28pm

The more bad news the other big miners like Ashanti today

The better for BAA who get the spill over cos it got the goodies!!!
Comment by sanddevil on Feb 22, 2016 1:32pm
BAA is an undiscovered gem.   Like MSV.   Like TV.    They will have their day in the sun.   It seems to be coming.  Up 3 cents now on a gold down day.    Keep going Banro.   Next quarter will be nice.   Keep the faith
Comment by Goldilocks25 on Feb 22, 2016 1:46pm
Well, I would not say undiscovered. In its hay day BAA was a 400 mi cap. I think the high was $14 and agar age $5 till they messed up on Nomoya... That was 3 years ago..anyhow I think I'll have that whiskey how, commander!
Comment by sanddevil on Feb 22, 2016 1:53pm
Wow, your right.  $16.00 about 9 years ago.   What actually happened?   I bought and sold it before between 3 and 4 bucks.   Never lost money on it     I just sold off 100,000 shares for a few grand gain, but my big chunk of shares is at $0.39 so I am still underwater
Comment by Goldilocks25 on Feb 22, 2016 2:40pm
Well gold plummeted and as I said they messed up on Nomoya... Which as you know has just been put on track for commercialisation...  Next year if gold reaches 2500oz BAA might shoot up by 6000 % ha ha ha .. It's all question of timing isn't it! What do you think? If by then they have 3 mines???
Comment by sanddevil on Feb 22, 2016 2:54pm
Am looking for $1 share price within 12 months
Comment by Goldilocks25 on Feb 22, 2016 3:05pm
Are you talking US Buck? I am of the view that they will reach book value pretty quickly US $1.70 I believe. Fingers crossed! And of course in this period of negative rates I can very easily see gold at 2500oz next year and BAA up 6000% so selling up is not on my mind yet. Furthermore, oil and the Canadian Dollor are at lows so it is the moment to acquire Canadian stocks as you well know: play the ...more  
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