ORIONS Money Stocks

[TeamTOC]

$BAA - I saw the link below posted on the BAA board. I'm excited to see this. Yes, it's only 500k shares total, but still, it's a start. In the ~ 1 year I've been invested in BAA I've often seen posts complaining about the lack of insider ownership. Well, here we go.

https://canadianinsider.com/node/7?menu_tickersearch=BAA+%7C+Banro

As for pending news, they have been in the works with Gold Holding for a forward gold sale. The first transaction for $41M in forward gold sales is for the Twangiza mine. After the Twangiza transaction there is supposed to be a second transaction for $80M in forward gold sales for the Namoya mine. Unless you are an insider, no one can really be sure why the deal hasn't been done. Banro's last PR seems to throw Gold Holding under the bus, and the way I read it, seems to say that Gold Holding is the reason the transaction(s) hasn't closed. We already know that Gold Holding sweetened the original deal once, perhaps they tried sweetening it again and Banro said no.

One last thing I'd like to point out is the uptick in volume this past week. I know it's not the 8M shares at .171 during one trading day that you've been wanting to see, but each day this past week we traded near or over 2x the average (90 day) daily volume. If you look at the weekly, you have to go back to Sept 22 to see a week that had this kind of volume.

All I know is I'm excited for Monday morning. A week of trading has gone by with higher gold prices, increased volume, insider buying, higher lows set each of the 5 trading days, a green candle at the close Tues thru Fri, and closes on Thurs and Fri above the 50dma. There is also an 8x34 cross on the daily about to occur.