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.
I humbly disagree with you. I haven't deleted anything in a long time, and on this entire page, 1 post was deleted due to irrelevance by other admin.
specific examples ?
Nothing - some one dumping at the right time to maintain the price where its at. Its interesting - these look like timed sells to bring the price down.
I agree 100%
Still here :) very anxious
Seems to me that some one might be trying to suppress the price to certain point ? Reason i say that, its timed dump, random. It could be some one moving on to another big things.
Big question i have - is leadership selling ? Remember, they have a lot more shares than us.. common shares. Also, if they are going under, why bring in CFO then who specializes in re-structuring ?
I highly doubt, they would let it go to waste. Can we find out if they are selling ?
One more thing to Add - do you think Bayin will allow them to go under and loosing 50 M OS ? That would be ~10M cash lost at current prices + initial 100 M what they dont get back return on investment out of them.
that's ok - let it play out. We need to make moneys.
your fine brother :)
Lol wishfull thinking young man but - we will see. there is a reason they havent announced it yet. wonder what the reason is
Cya congo -
1.6m traded. Thats a normal day trade.
Thank you - we will see
But streaming deals should only impact 10% of oz..
yea so all combined - 1200-1250 + the gold they didnt sell last Q
Its in the table and in one of the paragraphs
The average gold price per ounce sold during the third quarter of 2016 was $1,266 compared to an average price of $1,117 per ounce obtained during the third quarter of 2015. From q3 report.
They recieved 1266 last q if i remember correctly. Wonder why they cant recieve 1250. I could be wrong though
13k less than lower end of guidence due to ore quality stacked. We will see how market likes their news.
https://www.juniorminingnetwork.com/junior-miner-news/press-releases/1011-tsx/baa/28189-banro-announces-q4-and-record-2016-production-results.html
If they got 1250 as all average price = 63 m in profit. Now pending their expenses and write offs, we will see where this goes.
gold is recovering, folks want cheap shares, some one who wants to load up and pick up shares putting up a wall so it doesnt go up too quickly..
No i get it - it will be interesting how all of this plays out.
Keep in mind they all have a crap ton of shares that they arent selling for some reason. Look how much ceo and martin have shares... there has to be a reason.
Why do you say that?
Got it - hopefully baa gets to 6.70$ :)
so if they get exercised at 6.65$ usd stock price goes up..?
Thanks Congo and Stock - we will see. Great thoughts
Email from Martin :
"Our next announcement is likely to be about the 4th quarter production. Our quarterly production reports are usually released about 10 business days after the quarter's end. It is likely at that time that there will be a mention of the Twangiza upgrading equipment. The bond refinancing must be completed before March 12. Our Senior management is focused on this issue and updates will be issued as developments warrants. Guidance is likely to be included in the 2016 results, which as you know are issued at the end of March. "
Another Question i asked:
How many financial institutions are engaged in regards to refinancing bond? Not asking which ones, just how many ?
Martin Responded:
"Banro has three significant institutional investors. In addition, advisors are involved."
Lets get some conversations going about the bold statement. What do you guys think who are much more experienced in mine operations ?
Thanks in advance,
I just pinged Martin about some updates..will post once he replies.
So 2017 just was like today.. lets see what next week bring.. also bayin needs their money.. 50 m outstanding shares.. think about that for a sec. no way they will loose 50 m os..
Martin told me that he is confident that share price wil recover as I have asked him about deliating news already.
BAA started off pretty strong - we will see what they end up with by EOD for EOY - still higher than it was early 2016 hopefully.
Also - we will see what next year brings
wonder how many alliases you have - Memory, stalion, keyotee
Geezz lol -
Thanks Iron / Congo.
What happened? What did i miss?
Yes sir!! we will see what future brings!
EXACTLY! I think they will make gold interesting period. To back it up with physical at that.
Good times are coming!
yep!!
Just making assumptions due to new years right around the corner. I say we see something next week, at least production numbers. And re-financing early - just like when they signed 100M dollar deal with Bayin -
Just guessing based on their past news releases
ohhhhhhhhhhhhhh :)
Production numbers around the corner, refinance news next week, i am shaking with excitment!
You and me both bud -
We will see how all of this plays out.
We will hope so :)