BAA
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Today's gap is closed. Now let's go!!!
I don't know if it changes anything but i would've put 1 at the peak seen at $0.21.
Also, if you have been here longer than me you know how many improvements have been made. You surely know the situation is much better now than it was when the pps touched $0.15 last.
So i won't simply bleep off because i am calling BS.
How many shares do you have? Are you trying to average down?
Let go of it. Stop being a troll because this one didn't work out how you wanted.
Let go of it. Stop being a troll because this one didn't work out how you wanted.
South African gold production down 8.2% YoY.
Congrats!
I hope you can afford to take some time off to be with your family during this precious moment!
I had written six but wasn't sure and put three. The point is BAA has made a quick round trip.
The silver lining however is this trip back down to 0% from 100% gains was less emotional for me than the first time in 2015. I cannot believe we are seeing it again.
30 days below 75 million and we'll have another three months to address the issue or get delisetd
Speaking of market cap, they almost mined their MC last quarter.
I hate to be a negative Ned but another cent off the share price and we'll have to start counting the days again to see if BAA remains compliant with the NYSE minimum market cap requirements.
$&%@!!!
You should hope for Tuesday.. It is a holiday in Canada on Monday.
Thanks Faz. You know, if the rally is strong enough I might change my mind. What I just don't get is how this stock didn't rally hard like the others but is eroding as quickly. What iis even more discouraging is this is the second time we've been up 100% and back down for a round trip. You have 5x the shares I do. You have one heck of a strong stomach or are already independently wealthy. Kudos.
The big boys rallied 300%.
This stock is broken. Next rally, I am out.
Why wouldn't he have sold them by now? No longer an insider and he has a 100% as of today's price
If that produces a sizable rally, I will sell into it.
Well... I think I've lost hope. I am going to sell into the next rally if we ever get one.
No CFO news.
No +ve earnings to date despite ALL the catalysts.
Major underperforming of GDX and GDXJ this year.
Declining gold price and continuing gold price manipulation.
Strong dollar.
Increasing political instability in the DRC.
Look at those stop losses getting hit.
Indeed. Been a shareholder for 2 years now... definitely feeling the burn.
I am holding because last year, I sold when it retreated from the high in spring 2015. I put some profits into some other things and didn't do that well - would've done much better just holding Banro.
Or else I am just a stubborn bagholder. Definitely starting to feel that way.
Discouraging gold price action.
Indeed! I agree - I think it was Nagoya. *clap* *clap* *clap*!
Thanks Nagoya. I appreciate your response *apology accepted*
Yes.
Yes.
Yes.
Are you not concerned that increasing tensions in the region might adversely affect your investment?
Why do I feel like you are trying to moralize in a passive-aggressive kind of way? Have I misinterpetted your writing and tone?
I am unable to find any opinions on the issue(s). I find only reports about Kabila delaying elections written by western and western related/inspired news outlets.
Can you find any opinions? Is the delay necessary or is it actually a strategy/tactic?
I was really hoping for the sake of the citizens of the DRC that an election take place. This is really upsetting news that elections are being delayed.
As an investor of a company that operates in the region, it makes holding on more and more difficult.
I know - you should've been a millionaire by now.
I think reading between the lines of last week's presentation promo dated Sept 2016, production numbers look good!
But it looks like Accumulation/Distribution is down a lot.
Who wouldn't refi with them when bonds are paying borrows to borrow! Couldn't they themselves refinance themselves with some japanese bonds and let their own debt shrink to zero due to the weirdest absurdity of modern capital theory.... Hahaha
I would guess there would be royalty payments or something like that but there is no infrastructure?
If I am wrong, please correct me but doesn't setting up a new mine in this part of the world require at least $100 million? Roads, mine equipment, energy, etc?
Doesn't a JV mean more debt? Come on now Nagoya, I know what he said - I am saying that "shouting out" for investors is either desperate or bad management.
And for the record, I don't think it is either. I just think they are laying out a 5 year strategic plan here.
I would interpret it as desperate if it is actually a general call out to investors, as suggested by a previous poster, due to the manner and context in which it was done. I have no experience in these matters but I just think there would be more business clout in targeting a JV partner and going after it instead of passively "shouting out" and waiting for help to land in one's lap. If they have indeed identified a partner then it needs to be announced and the details need to be determined.
I hope not. If you are right, it means that BAA is in a desperate condition which I don't believe for a second anymore.
Namoya Q3 forecast - 30,000 ounces! (Page 17)
In general, I find this presentation to be of high-quality and provides a great summary for all BAA operations. Remember, PAGE 3 overview.... MC = $100 M USD, asset base = $900 M USD...
It looks like they are starting their self-promotion - time for us to help them out by buying more!
Thanks, Team.
I hope you are not too worried about all that goofy stuff a couple weeks ago... I miss your posts! Nice to see you are still around.
Looks like BAA will live another day until the next rate hike BS.
I bet BAA will outproduce for Q3 all of the gold producers in the Micro-cap arena - again....
Have you been in touch with management recently, by any chance? Are you referring to that calm?
It's really distressing, IMO, that we have not heard anything regarding CFO... I think a strong CFO is imperative to a strong negotiation on the debt obligations.
I should say that it "shouldn't" take much....
P/B ratio is approximately 10x below the average gold mining industry P/B average
It won't take much - BAA is so oversold.