Post by
LaurelHardy1 on Jan 11, 2018 1:51pm
Give Credit When Its Due
It's good to see gold production exceeded guidance.
At first, I was again disappointed on Banfora lack of financing news but that's likely due to ether poor, overall offers due to low IRR, and/or drilling is giving management cause to think in another few months, a much better IRR of Banfora is possible. I'm hoping its the latter.
I brought my cost down to under $2.75 so given where I was on this-this time last year, I've adopted a "Beggars Can't Be Choosers" attitude going forward.
But I still will do cartwheels to learn some far-more talented IR group was telling the story versus Moran and Young (but beggars policy must be enacted here too -lo).l
Comment by
Paulriedi on Jan 11, 2018 2:39pm
As always LaurelHary is spot on. IMO I’d rather see Banfora delayed to when the optimal deal for shareholders is available. In the meantime, build cash and resources. I added to my position this week. I rationalize it with if I could have bought shares for $0.47 (adjusted for reverse split) two years ago, I’d be doing it. I also like the technicals. Only time will tell, if it’s a smart move.
Comment by
tsoprano1 on Jan 11, 2018 3:44pm
Paul, my sentiments also. Added today, as well. Good numbers and insider still in buy mode. Lot to like here. T