Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Increasing production is all that matters. How they get there does not matter
Lol.
BAA is the simply the most undervalued gold producer in the world at this time:-
AISC $643.
$90 million financing received May 2015 to complete Namoya construction and ramp up.
Second mine Namoya now commercial.
Q4 net cash flow positive.
4 mines identified, 2 in operation.
Highly prospective gold belt with 100% ownership and less than 15% of land explored so far - growth profile is phenomenal. Conservatively, they are sitting on at least 10 million undiscovered ounces.
Book value $1.95
Also here is a good article on the state of POG
http://www.investopedia.com/articles/investing/082115/using-fibonacci-analyze-gold.asp
If it does, its just another golden opportunity to buy more.
Incorrect. They have no need whatsoever to RS. The share price just needs to remain above 0.20. With production revenues increasing every month and average POG rising, that should not be a problem
Banro is clearly moving decisively in the right direction now. 200K + oz over the next year and potential to add the same with the next two mines. Q4 will be even better with higher production and higher average POG too. The company is delivering.
Oh how we will look back at these times.....
BAA most undervalued gold producer in the world at this time:-
AISC $643.
$90 million financing received May 2015 to complete Namoya construction and ramp up.
Second mine Namoya now commercial.
Q4 net cash flow positive.
4 mines identified, 2 in operation.
Highly prospective gold belt with 100% ownership and less than 15% of land explored so far - growth profile is phenomenal. Conservatively, they are sitting on at least 10 million undiscovered ounces.
Book value $1.95
Debt / equity 0.4 - in line with sector average
I just popped into BAA head office in Toronto this morning. This is what I saw.
BAA is the simply the most undervalued gold producer in the world at this time:-
AISC $643.
$90 million financing received May 2015 to complete Namoya construction and ramp up.
Second mine Namoya now commercial.
Q4 net cash flow positive.
4 mines identified, 2 in operation.
Highly prospective gold belt with 100% ownership and less than 15% of land explored so far - growth profile is phenomenal. Conservatively, they are sitting on at least 10 million undiscovered ounces.
Book value $1.95
Now lets have a reality check on BAA's debt. Contrary to the hysterical posts, their debt levels are in fact......around average for the sector! As evidenced by the latest quarterly debt / equity ratio https://ycharts.com/companies/BAA/debt_equity_ratio
You've also got to ask yourself exactly why someone would spend so much of their time and effort to post on one company on Ihub - that they do not even own shares in! Doesn't add up to me. Sorry, but I'm not buying this 'I am doing this to be helpful' rubbish. It is my belief that this newbie has an ulterior motive. More likely he is battling for others who wish to scare investors away from BAA. Just ask yourself the question. Cui Bono? To whose benefit? There is NO benefit whatsoever for him unless he intends to buy shares on the dip. I suggest the guy is being disingenuous and that he clearly has other motives. Weak hands who sold out yesterday because of this slick bashing will regret it. All IMHO.
PS sorry on to reply to posts - i am restricted to one post day at the moment.
BAA is the simply the most undervalued gold producer in the world at this time:-
AISC $643.
$90 million financing received May 2015 to complete Namoya construction and ramp up.
Second mine Namoya now commercial.
Q4 net cash flow positive.
4 mines identified, 2 in operation.
Highly prospective gold belt with 100% ownership and less than 15% of land explored so far - growth profile is phenomenal. Conservatively, they are sitting on at least 10 million undiscovered ounces.
Book value $1.95
Also here is a good article on the state of POG
http://www.investopedia.com/articles/investing/082115/using-fibonacci-analyze-gold.asp
Not too shabby at all! And someone made a good point earlier this week about fact that any bank will always give their business customer leaway they judge that the company is moving in the right direction. Well clearly BAA is moving in the right direction with the successful commercialisation of its second mine. Also, with regards to this hysteria over the SP, didn't Martin Jones say that the threshold is something like 0.20? Over the next 6 months? Hardly a mountain to climb there! Storm in a teacup. This does not concern me in the least. In fact its a positive thing because it will focus management minds.
Got 225K of BAA. Been here for a year now. Saw SP drop from 0.22 to 0.12 last winter. Held tight and never thought of selling. Why? Because this is a genuinely undervalued company with incredible potential. Try as I did, I simply could not find another gold miner to match BAA. There is simply no comparison imho. Thats just as true today as it was then
BAA is the simply the most undervalued gold producer in the world at this time:-
AISC $643.
$90 million financing received May 2015 to complete Namoya construction and ramp up.
Second mine Namoya now commercial.
Q4 net cash flow positive.
4 mines identified, 2 in operation.
Highly prospective gold belt with 100% ownership and less than 15% of land explored so far - growth profile is phenomenal. Conservatively, they are sitting on at least 10 million undiscovered ounces.
Book value $1.95
BAA is the cheapest gold producer in the world at this time:-
AISC $643.
$90 million financing received May 2015 to complete Namoya construction and ramp up.
Second mine Namoya now commercial.
Q4 net cash flow positive.
4 mines identified, 2 in operation.
Highly prospective gold belt with 100% ownership and less than 15% of land explored so far - growth profile is phenomenal.
Book value $1.95
This should not be a problem as BAA has plenty of great news coming out over the next 6 months as it makes transition from junior to mid toer. That said, it is time to start putting pressure on management here.They know full well that this will not do shareholders any favours. Frankly they need to start putting out the good news we all know they have on their desks. Maybe they need to be reminded that they are expendable - they can be ousted if necessary. Bombard them with phone calls and emails until they pay attention. They put this out instead of Namoya update? What the hell is wrong with them?
On the positive side BAA is still the most undervalued gold junior in the world, with $ 1.95 book value and AISC of $640
Can you copy and paste please, I dont have Pro
I think so. Does not take a genius to see that BAA becomes a different company overnight with the announcement of Namoya. It gies from junior miner to mid tier miner. And analysts are about to see this
Did I mention this?
BAA is the lowest cost and most undervalued gold miner in the world. AISC $643 - that is $500 margin per ounce. Book value $1.95 BAA compared to the other junior miners. The numbers do not lie .http://www.zealllc.com/c2015/Zeal082115A.gif And what about all that gold in the 85% of the land they have not yet drilled. Second mine Namoya going commercial as we speak.
Lol. Just as I thought. AEZS is pump and dump.
Goodbye!
BAA is the lowest cost and most undervalued gold miner in the world. AISC $643 - that is $500 margin per ounce. Book value $1.95 BAA compared to the other junior miners. The numbers do not lie .http://www.zealllc.com/c2015/Zeal082115A.gif And what about all that gold in the 85% of the land they have not yet drilled. Second mine Namoya going commercial as we speak.
Thats a good sign
This is what you posted last month a couple of months back?
You still here?
LOL!
BAA lowest cost gold miner. AISC $643 Book value $1.95 BAA compared to the other junior miners. The numbers do not lie...http://www.zealllc.com/c2015/Zeal082115A.gif And what about all that gold in the 85% of the land they have not yet drilled! The potential here is off the scale
Yep thats right. You've got a good memory :) I'm in southeast corner near Hastings, so about an 1.5 hours from London. Took my 13 year old daughter up to Stratford last Sat, where they had the Olympics. Theres a big shopping centre there called Westfield, which she loves. My wifes family comes from Scotland and your daughters right its fantastic up there. Just beautiful unspoilt scenery and good whisky :)
Good man. Anyway good to have you back.
Yeah I agree. I think there are 2 main factors to decide direction. POG and Namoya announcement. I feel positive about both over the next couple of months. POG shorts were still at astronomical levels last week. I think they are finally beginning to unwind now. BAA always like to keep us waiting, but they have been been as good as their word for some time now
Lol. But it is the truth :) I feel we owe it to the newbies.
There you are! Been missing your charts
BAA lowest cost gold miner. AISC $643 Book value $1.95 BAA compared to the other junior miners. The numbers do not lie...http://www.zealllc.com/c2015/Zeal082115A.gif And what about all that gold in the 85% of the land they have not yet drilled! The potential here is off the scal
Dow 18000, 17000, 16000....
1146..
Pre-market means nothing
Gold 1143...