Value Microcaps Junior Miners

[Congo Mining]

LOADED ON OPTIONS IN JANUARY - Preparation

CEO - John Allen Clark - 750,000 - Options Grant @ 0.18 on TSX
also - 250,000 - Purchased @ 0.185 on TSX

CFO - Kevin Jennings - 1,500,000 - Options Grant @ 0.20 on TSX

Founder - Arnold Kondrat - 500,000 - Options Grant @ 0.20 on TSX
also - 400,000 - Purchased 0.18 to 0.20 on TSX


It goes on from there to all of the officers and directors who were awarded somewhat fewer share options.

Obviously, they know even better than we do what the potential of the gold belt resources are...but that understanding and the temptation to realize the full value may be offset by the possibility of an early retirement with the sail of the company.

Jennings has a long history as a deal maker....
http://www.banro.com/s/Management.asp?ReportID=672560&_Title=Senior-Vice-President-Chief-Financial-Officer

They just brought in their buddy from CIBC.
http://news.banro.com/press-releases/banro-appoints-additional-independent-director-to--nyse-mkt-baa-201505201008141001

I believe they have a two year time frame to get Namoya optimized, Reach book value of $2.00 and sell for a 70%-100% premium.

Sail Price $3.40 to $4.00
Premium based upon upside exploration potential.

That would put them in the range of a 850 million to 1 billion deal.
The company is worth more but that price till give all the Insiders and Gramercy a good profit.

They knew in January that they would thread the needle on the turnaround. Hence the buying in the open market. Also it was rather timely for the confirmation of turnaround due to it being the time of year that options are awarded. That's why they put out the January 5, PR.
So they could clear the decks and buy some shares.

They bought and so did we!!!
It will not be a long wait.