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EBOLA.....of course!
What else could it be.
Man these guys love to put on a show don't they.
Tech I already told you.
During M&A Action / financing / mergers / etc, funds are allocated for the sole purpose of stabilizing the price while the deal is hammered out and made official.
Do you read English?
56 million market cap.
Stock controlled between .22 and .23 for "the deal"
Whatever the hell that is.
I'm fully loaded, and very very patient.
Take your time boys, wake me when the bullcrap is over.
56.7 Million Market Cap....at .225.
Ummmm, Since we all know Banruptcy is not in the cards....
Can someone please point out a new release that would cause market cap to drop below 56.7 Market Cap?
I've been trying to think up a scenario, and I got nothing.
Cheers!
Stock is being held in place while "the deal" is hammered out.
A certain amount of funds during these "deals" is allocated to stabilize the price, hence the trading between the temporary floor of .22 and the temporary ceiling of .23.
Stock may be allowed to stray outside those limits intraday, but will close in between them, until "the deal" is official.
What "The Deal" is, ahhhh that indeed is the question.
We will find out soon.
Unless of course they pay down debt with unused assets.
Allow me to summarize Tech's posts...
PROS - likes banro, management great, future bright
CONS - Stock might be in a death spiral
PROS - I'm buying Banro shares
CONS - Banruptcy is possible
PROS - Index Buying could be a positive
CONS - Index Buying could be a negative
PROS - Stock might go up next
CONS - Stock might go down next
Got it Tech.....ONce again....Thanks Man, you rock.
As for me, another dump truck loaded with Banro Shares at .23 today.
Wow, what a gift. Somebody out there must like me, to offer me a chance to buy Banro at .23
2 Productive Mines
850 million assets at gold=1200 per ounce
180,000 ounce x 1200 = 220 million revenue
At mine cost of 850 per ounce Profit = 65 million at 1200 / ounce
Current Gold Price 1285.
I have bought every Banro share I can afford, and a whole bunch that I can't!!
Cheers!!
Ok Guys Huge Confession Here.
And I have to tell you I just feel plain awful about it.
I HAVE JUST COMPLETED MY LOADING OF MY NEWEST DUMP TRUCK OF BANRO STOCK!!!!!!!!!
Wooooooo hooooooooooooooooo!!!!!
I just want to personally thank each and every one of you for this once in a lifetime chance to buy Banro at .23.
Never in my wildest dreams did I ever think I could find so much Value for such a tiny price.
It's like buying a toilet at home depot, and when installing it, finding 500,000.00 in unmarked bills stuffed in the top!
When I finally sell my last Banro share at some point in the future, at much much much much higher prices, I want you to know, I will put this money to good use.
My kids colleges, I will donate some to good causes, and helping others will be included, and investing in businesses that will add value to the American Economy.
Yes, Americans can say cheers too!
Again, thank you for this amazing gift!
Cheers!!!
Banro's stock price manipulation downward over the last six months has not had any relationship with the price movement of gold.
It's upside correction will not have a relationship with gold either.
I'm buying more Banro soon.
It does not say that at all.
You are not telling the truth and presenting misleading information.
I will be buying more Banro soon.
Banro closed at .23 on Friday.
I am buying as many shares as I can next week.
And I have no plans of selling my shares cheaply.
no plans.
Banro will be my ATM machine for the next 5 years.
Cheers.
In the March 2013 Black rock financing, (Total financial package funding I thought was 100 million) Banro received 40 million funds from Blackrock, but there is an additional 60 million in cash blackrock will provide in exchange for preferred shares.
And this funding can be used for up to March 2018.
So that sounds like plenty of moolah to cover any Nayoma production issues.
So Again, why the 50% haircut in 16 trading days?
This just does not make sense to me.
Other than the typical crazy wallstreet manipulation to scare retail investors out of the stock.
Someone please clear up for me.
Hasn't Blackrock offered to provide up to 60 million additional dollars in exchange for preferred shares?
So isn't that like money Banro could access to easily cover the Nayoma upgrades?
What am I missing here?
SilverRay, that was one nice post.
I really appreciate you for posting.
Notice the "Drivel" continues on this board, as if you post never made it on here.
My guess is a lot of these "conversations" between "aliases" are written ahead of time and posted automatically.
These posts are long term in my opinion meant to "mislead" the public.
I'm sure the "puppetmaster" occasionally uses one of the aliases to post at obscure times or chime in when posters like us (actual retail investors) happen to post, but the majority of the crap on this board is AUTO-GENERATED.
I am fealing some real pain with this latest move downward, and I'm sure it's by design, and reading you comments actually helped me feel a bit better.
Still hanging in there. Cheers!
My 50 cent average Position is looking like pure genius now!!
Man I can pick an entry point.
Ha ha.
Just a quick note.
Whomever is associated with the group driving this stock into the ground....
I have a message for you.
Your not getting my shares Beoches!!!
Yeeeee Hawwwwww!
I'm Long and Strong, and riding Banro into the Sunset.....
Where-ever the hell that takes me!
So far it's been pretty sucky, and pretty scary!
Atleast the "Puppet Master" is giving his InvestorWisdom Alias a rest finally.
Sheeeeeesh!
So 2 years ago, Banro was a 5.00 stock.
Now we open at .27 and close at .26.
This board......not a peep.
Yes, just another normal day at Banro.
Stock has lost over 95% of it's value in less than 2 years.
No one here seems to mention it.
I think each person on this board should be required to tell two things with each post.
A. What % of your personal portfolio is in Banro Common shares.
B. What your average share price is.
I'll get this ball rolling!!
100% of my portfolio in Banro @ .50
Is there any natural gas being drilled near the Banro Mines?
Perhaps a sink hole can open up and swallow Banro's minds and get this over with.
You have to admit, it would be a more interesting headline that whatever Hog Shit Banro's Crack Management Team has in store for us.
Has anyone on here verified that Banro management actually work in Congo?
Are we sure they are not just working remotely from condo's in Toronto?
GIVE ME LIBERTY OR GIVE ME DEATH....
Although Death seems like a better choice than investing in Banro Management.
Were these the same guys that worked on the BP Oil Well Recovery Unit?
Perhaps I should have my stock certificates printed out.
Then I could keep warm in my cardboard box.
Have something to wipe my ass with in the bushes.
I could roll up some natural herbs and smoke them.
Man, with Banro Stock, STILL LOTS OF UPSIDE LEFT!
Perhaps Banro is an elaborate scheme to ruin Western Investors.
Funneling money from western investors directly to the poor of Africa.
The Cycle of life ala Banro Management.
Western civilian born
Western civilian educated
Western civilian wealthy
Western civilian invests in Banro
African civilian takes money goes to school
African civilian gets wealthy
Western civilian moves into Cardboard Box
Thanks guys. Banro Management = Hot Garbage.
Thinking of cashing in my entire Banro position....
So I can still afford a value meal, rather than just a sandwich.
I love fries and soda!
Man, Banro has truly changed my life.
I was blinded by materialistic wants, and Banro has liberated me from the rat race.
Now I can be free, free from my nagging family, free from society.
thanks to Banro, I can sleep peacefully in a cardboard box.
Thanks banro Management.
You guys are awesome! Thanks for ruining everyones lives that are associated with your stock!!!
Cheers!
Okay Tech,
Loved that post.
So if you are what I think you are, merely an alias of a lunatic bearing the responsibility of controlling retail investor sentiment on this board, than I fully expect you to suddenly determine banro is a bad investment and announce to the board that you have made a horrible mistake investing in Banro, apologize, and leave the board.
If that is the case, can you please let me know when you plan on announcing your departure from this banro investment.
I'd like to know when this damn stock is going to start moving up, and if you are who I think you might be, your announcement of dumping banro will coincide with Banro stock actually bottoming.
Cheers! (sorry, I am an American that actually says Cheers)
Queue the Bad Local news in Congo!
Ha ha, truly hilarious.
Anyone trying to buy in the bottom of this, if you looking for a sign of the bottom, wait for Technamental Alias for the puppet mater jerking off to this board.
When he announces he's out and done with Banro,
BUY LIKE HELL!!
Question......
Who posted all of that negative crap on the intro page when the Nayoma news broke?
Question......
Who posted all of that negative crap on the intro page when the Nayoma news broke?
atleast now we know the equation for Banro.
gold goes up....baa down
gold goes down...baa down
stocks up....baa down
stocks down....baa down
gold up stocks down....baa down
Stocks up gold down....baa down
stocks up gold up....baa down
stocks down gold down....baa down
gold up, planes shot down....baa down
gold down, polar vortex....baa down
interest rates up....baa down
dodgers win world series....baa down
Thanks guys, we've got it all figured out now.
Cheers! Go Banro!
You nailed it Donkey,
They brought in to find a way to make it cost a lot more!!!
YES, can't wait for the news on that one!!
Whooo hooo to twelve plus two....cents
But on the bright side, after the 20-1 reverse split, stock will shoot up to 2.40, before it slides back below a dollar, due to the inverse relationship Banro has with gold, as gold head to 1500.
I love Banro Stock!!!
Yes, I'm sure that's what it was.
The news halted the slide.
Wake me up after the following....
Huge Nayoma cost (that's why they hired the company, original estimate of 22 was way low)
Giant dilution 100,000,000 shares maybe?
and of course the 10 or 15 to 1 reverse split.
Just a guess.
Cheers! I love holding Banro shares at 50% loss!!
Yes!!!
So why is stock not bouncing? Insititutions likely not selling.
Hmmmmm. Must be market makers naked shorting still.
If so, when will they cover?
Perhaps when the next wonderful news comes out.
Let me guess, Nayoma will cost more than they originally estimated.
What a surprise. lalalalalala
Let's see, with 10-1 Reverse Split, we are at 2.79.
Does that sound like rock bottom?
Tech, you just showed your cards buddy.
So you have a dialog with InvestorWisdom All day long, but it appears to me you did not read my posts until after 11pm last night.
So here's a question....who posts responses and dialogs with another alias all day, but doesn't read the board (posts like mine) until after 11pm at night.
This explains why individual investors like myself feel there is a puppetmaster with a host of aliases on this board.
Apparently you submit your posts with these "dialogs" during the day, and actually read the message board at night?
So tell us Tech, with these multiple aliases, what is your agenda here. Is your group of Aliases trying to tell us what we should be thinking during this Banro Bullshit Parade?
I've noticed your trend of ever lower expectations.
Your not trying to mislead anyone here, are you smart ass?
I'd be averaging down, if I had some additional funds.
I'm tapped out now.
Unless you want to float me a loan?
So your saying I'm not positioned well, because My dca is .50 and the stock price is .27.
Have you seen a 5 year chart of Banro.
I'm good with my position. Thanks for caring.
One other point....
Obviously I am posting what I believe to be what might be really going on with this company.
However, my analysis is limited by what I know.
And, I want to say this.....I think the scenario I layed out, is probably the worst case scenario.
Watching the volume come into this stock below 2.00 suggests that the large scale institutions started their buybacks on their cap loss sells earlier in the year at under 2 bucks.
I am predicting 10-1 reverse split (ala Liberty) and an Aquisition of 22, as my worst case scenario.
But 15 - 35 is feasible.
I think my skepticism lies in my perspective that markets like gold can be manipulated in the short term.
Let's say the insitutions are setting up alot of M&A deals for these gold mines, (banro included) the Parent companies of these M&A deals are where the real money is, so they are the controlling factor here.
So to break it down, how can a parent company maximize their profit on buying a gold mine?
How about timing the aquisition with the bottoming of the Gold Market, and minimizing the Aquisition price?
Yup, makes a lotta sense doesn't it.
so we have gold mine companies using up common shares, with IPO's rediculously high, much of the financing and setup of the mines using shareholder's money, then with a short term manipulation of the gold market, or (a year or two), and suddenly lots of M&A activity at bargain prices while gold is bottoming.
Now if I was part of this setup, I'd want a huge county that can help me manipulate gold prices in on the deal.
Along comes China Gold, who is quoted in saying a couple years ago, that they wanted to buy some gold mines, but asset evaluations are currently too high.
Hmmmmm. now considering that picture, let's look at Banro.
China gold IS the puppet company that China INternational has setup for M&A.
China Gold ALREADY has a deal done with Banro that paid for Tangiza. (some of you might not even be aware of that)
Funny how that deal was never publicized after the fact huh.
And here we sit, lots of debt, lots of (gold price based assets)
Managment seemingly unconcerned about share price.
And our only friends, the Liberty Boys, who seem to care.
Come on people. It's obvious isnt it?
Managment will dilute share, gold prices will drop, listing will suddenly require higher share price, due to asset reevaluations when gold drops below 1200....and then Liberty starts sending the letters.
In the end, China gold buys Banro for 22 (post 10-1 split)
But the range of possibility is anywhere from 10 to 35.
Why 22 you might ask, well, I base that on where the volume picked up in 2013.
I think the volume pickup in 2013 is where insitutions started buying back their shares.
The probably have an idea where the share price will end up, and if they started buying below 2.00 and kept buying to .50 or so, their dollar cost average is probably around a buck.
if insitutions are in at let's say a buck, and options are granted to employees between .70 and .80, then you have to ask yourself, where is a buyout prices that minimizes cost to the parent (umm China Gold?) but still offers some gains for the employees and insitutions that play along.
My guess....22 (10-1 split adjusted)
Cheers!!!!!
Very very good question.
Only deep pockets know where the floor is set here.
Also, there might be some brief run-ups and drops along the way.
Since my guaranteed Payout is with the Aquisition Rally, it's probably not wise to go cash now, and then watch the stock go up on a mini-rally.
Emotionally, not wanting to lose out on the big pay day, I'd probably have to chase the stock back up, and my position is heavy enough that it would be difficult and expensive to do.
So my experience says, even if the bottom is some lower price, the best thing to do is wait, and not worry about where the floor is.
I'm close enough to meet my goals on this trade.
Now if it runs up, say to 65-90 cents, I'll have some thinking to do, as will all here.
Cheers
well, your wrong.
I'm average in at 50 cents, and I have seen this type of setup before.
You think Libery street show is over?
REally?
You think managment could behave this badly and COMPLETELY DISREGARD COMMON SHARE PRICE for this long, and NOT be on purpose?
Diluting the HELL out of a stock and reverse splitting is...let see...VERY VERY VERY VERY VERY VERY VERY COMMON.
But only when companys have expensive projects that they need to get done.
Wait, mines #3 and #4...wowsers.
Anything average below a buck will make money, but they have to wait for the HUGE DILUTION AND REVERSE SPLIT first!!
Then when Liberty starts spouting off about the managment, you can then start to hope for a real Rally of Banro, straight up into the aquisition price.
Don't you ever wonder why we know so little about the Tangiza (the only viable mine so far not filled with problems) deal with China Gold?
Hell, China gold paid for that damn mine.
That mine is the only reason this company functions at all.
If you think about it, China gold is probably pulling all the strings!
Just my opinion, take it as an outside perspective.
Not Bashing, I'm saying be patient, wait for it all to pan out, and you will most likely make money on the buyout.
If your averaged over 2.00, it's time to buy the hell out of Banro now.
Otherwise, i fear your gains are very limited long term.
Cheers!
All long term Retail investors have.....
Is hope, and putting up with the constant array of mis-information on boards like this one.
Some puppet master controlling sentiment with his array of puppet Aliases, and a few desperate retail investors, along with short term investors, wondering where the frock the bottom is in this stock, so they can make a quick buck.
It's all bull-hockey, I'm a retail investor, and Ive seen all this crap before.
management not only won't promote the stock, they have probably been mandated not to.
After all, the Institutions want most of the common, before the Liberty Propaganda letters juice up buyout rumors.
I think this next flurry of pathetic PR's should finish the job with this stock.
Reverse split.....big one....a much larger dilution than the puppet aliases here are alluding to, and then finally.....the final Act. The Liberty Show!!!
I laugh, but I honestly believe they won't budge the share price upward significantly until Liberty comes back and starts bashing management with letters saying.....
Sell this company!
Sell this company!
Sell this company!
Ha ha. it's all pre-planned imo, which explains a lot of things.
How rediculously bad the management is at promoting the stock.
Why liberty showed up.
Why they keep the debt around, instead of selling property to pay it off.
The setup for the amazing Nayoma lauch, which became a joke.
All the inst buying below 2 bucks.
The never ending selling pressure, which I am 99.999999% sure is backed by MM naked shorting, with plans to cover (at lower prices) after dilution / reverse split news cometh.
Here's something else to think about.
Since this whole thing is planned and probably timed with the gold market rigging (imo) if gold falls below the coveted 1200 again, and maybe this time, finally plunges, all assets have to be revalued, debt becomes a bigger deal, and wait for it........
Amex finally announces a possible delisting.
That gives management the card they need to put the reverse split into place.
Lots of great stuff coming.
but nothing moves the stock up without Liberty letters paving the way.
No, I'm not bashing....just sharing my combination of experience, insight, and concerns of how I think all of this is shaping up.
I'm long, and I'm now under water, like every other long in this stock.
Like I said, somebody wake me up when the libery propaganda starts, because that is where I think things will start heating up.
If the intent of all big money involved with this company is to finance it with common shares and then move it to china gold corp, it kind of makes sense to keep the stock depressed for a litany of reasons, until Liberty starts beating the "sell the company" drum.
When common shareholders FINALLY see the stock moving up in a meaningful manner, the shareholders will actually want the sale.
Even if it means losing out on billions and billions when the gold rebound happens, the common shareholders have been beaten up so badly, and conditioned to want the acquisition, that they will be glad to be done with Banro.
And regarding this dilution coming, they will issue many more shares, to insitutions in return for cash. That does not create debt like puppet aliases on here make it sound.
and believe me these share will have a buyout clause! wink wink which is why the insitutions that gets the deal would do it in the first place.
Doesn't Banro have a standing deal with Blackrock to exchange cash for shares?
That deal is good for 5 years from march 2013.
and the deal was tailored to cover the cost of mine #3 and min #4
And provide cash to cover costs while the gold plunge occurs.
Get ready people, it's coming!
The "InvestorWisdom" Alias says they are doing a good job.
Ha ha, they can't, won't, and have not lifted a finger to promote this stock. They work for the Mother Ship. (my guess China Gold)
Doesn't this explain the glaring mistakes, the lack of promotion of the company, the continual slide in share price, the lack of optimism on their quarterlys?
They are not interested in helping the share price.
Only one thing will move shareprice up long term.
Aquisition rumors, and why else would Liberty get in the picture.
Liberty said they would wait and see what managment does...
Right, they already have the PR papers typed up demanding managment sell the company.
Just one more shoe to drop. finance mines #3 and #4 with common share diluting deals, and reverse split the stock.
Then Liberty can start sending those letters that we all know are coming.
Oh thank you Liberty, you Great White knight that you are.
Thank you for saving me and my pesky common shares.
Wake me up when the Bullshit Propoganda letters between Liberty and managment start flying. (After the dilution, and after the reverse split)
Cheers!
But don't worry folks, won't be much longer.
I'm sure these guys want to get the aquisition wrapped up on 2015, probably 1st or 2nd quarter.
All we have left is....let's see....
Gold falling below 1200 before next earnings.
Huge dilution announcement.
Unexpected (wink wink) HIGHER expenses from Nayoma.
Reverse Split (No-not because of listing requirements) because the stock has become unattractive in this price range.
And ahhh yes, let's not forget our White Knight.....the Liberty Boys.
Finally, after management does they predetermined job for the mothership, and bends us all over the banister, those Liberty Boys will surely come to save us starting a few weeks after yet another horribly managed, poorly represented, terrible sounding, and very depressing quarterly release (all by design of course).
The reason I think mines #3 and #4 will be part of the next dilution is simple....If they just diluted to pay of debt on mine #1 and #2....We would have 2 working mines, no debt and stock would soar.
Since the end goal is to sell Banro to the Mother Ship....This drives the cost of Banro upward. They need to keep things just on the level enough to avoid legal issues, but constantly on the brink of collapse to keep share price down.
Why not dilute shares more, finance #3 and #4 out of common shares pockets, making management look even worse, providing Liberty the fuel to justify "selling company off or get kicked out" propaganda.
Let's see, lets say they dilute shares again, say another 250,000,000.00 shares worth.
With a 10-1 split, we would have 50,000,000 shares.
That should cover the other 2 mines.
Now what would keep the price down through all of this. AFter all, we need to keep the shares low until the aquisition right?
Well falling gold prices silly!! Yes, gold must form a double bottom below 1200.
Remember there financing is based on 1200 gold right?
Ha ha, so what better than bringing gold prices below 1200.
But wait, if all this bull crap is just a setup to allow common shareholders to finance the 4 mines, only to have company bought out from under them, how would management know to set their finance numbers at 1200? How could the timing of all of this coincide with the gold market, and use gold prices within a time window falling below a predetermined level to allow a fast and cheap aquisition of a gold mine by China Gold?
How could the Canadians orchestrate all of this with the Chinese ahead of time.
Is the Gold market fixed?
ha ha ha.....what do you think?
Banro Won't find bottom and start moving up until....
#1 - Additional Stock Dilution finances all 4 mines.
#2 - Stock under goes large Reverse Split.
#3 - A drama is unleashed between Liberty and managment, where Liberty "the great White Knight in the Sky that it is" Fights for our Rights as Common Shareholders, and Forces the "Evil Empire that is Banro Managment" to sell the company before we are all doooomed!
All else is total bullhockey.
The more I watch this play out, the more convinced I become.
My hope is that my average share price is low enough that I make some coin on the final sale price.
Why does it play out like this? Simple, Management and Investors, see long term common shareholders at much higher average share prices as.....well......bagholders that helped to finance the mines.
But what about the institutions you say? why would they let the stock price go low and get diluted.
Most of the institutional ownership that matters, knew what was coming, and dumped the stock and bought back at lower prices last year.
If you look at the majority of the volume on the chart for 2013, (including Blackrocks option price on their deal) all the real insitutional buying started below 2.00.
So anything below 2.00 is considered a good investment by institutions.
That's why I say we have one more MAJOR stock dilution, a large Reverse Split (10-1 or bigger) and then Liberty (remember Liberty and their band of idiots to take over the board?).
Well Liberty did not jump into the picture to really take over the board. They probably already have their letters typed up, ready to push Managment into an Aquisition.
Aaaaaafter financing the 4 mines. Ha ha.
That's why I say, stock stays in range between .50 and 0.00 until major dilution and reverse split.
My guess is the split will be 10-1, stock will finally bottom aaaaaaafter the reverse split, and will ONLY GO UP FOR LIBERTY LETTERS.
Final sale price, my guess 22 per share.
All my opinion of course, but get ready, it's coming.