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It would be nice to receive the financing news this week. It would be nice because in the past they kept us in the dark so long after announcing previous forward deal than nothing happened. If it does happen this week it should improve perceived financial stability for the company which should translate into a significantly higher stock price.
The gold price teetering at $1200 is tiresome, it seems all I read everywhere is an expectation for it to trade down into $980 range or lower.
At some point reality has to cross paths with the price of gold. It seems incredible to me that with money being printed everywhere, low and NEGATIVE interest rates, and countries banging war drums, wait for it.....the price of gold is expected to go lower? Rant for the day over.
WOW, I did not realize trading was so easy keyotee-"Fact, $5000 of your capital would have made you $25000 in one week in another investment."
Please tell us this week as to what trades will earn you 25k and I will kindly stfu.
There is a saying, better to not open your mouth and have people think you are stupid than to open it and remove all doubt.
Somewhere I remember hearing a saying where "most people sell their winners far too soon." I'm talking investors, not traders. I think that's a true statement, we tend to hold on to our losers too long and sell our winners far to early.
Gold price moving higher, must sell into the bid. lol
Gold back above $1200. So many people saying there has to be a final washout in gold price makes me think it may be in the past. Where will banro trade with gold at $1300? $1,400? This could get exciting fast.
Maybe .06 cents. Maybe .40 cents. You act like you know something, please stop. I hope nobody takes what you say seriously. Most people here, I believe, are here because they believe the fundamentals of Banro and feel it is undervalued for different reasons.
People who trade frequently generally look for liquid not illiquid markets. As far as all the trading (mm) talk. mm's make their profit on order flow, match a buyer with a seller and the spread is earned "risk free" so to speak. Most mm's could care less whether a stock goes up or down as long as they can match buyers with sellers, thats where real traders make the EASY money. Worked right next to guys who made millions per year, tell me I'm wrong.
Steve liesman on cnbc makes me wanna puke.
POG getting wacked.
We should be at at least .40 cents NOW already!!!
You nailed it, nice work.
Even though Banro stock tortures me and I buy almost everytime at the wrong time, I love it!!!!!
Pretty much spent entire day checking for earnings. No fun anymore.
I think you are right. I added cash this morning on news and it took till afternoon to clear, if I had more I would buy more.
Just added 21k more @ .23 cents. I am done buying.
What is your reason {s) for caution here?
If gold can break through 1223 that would be real nice for added boost.
What are your guesses as to banros earnings with 1 qtr 2015 production at 45,000 ounces!!
DUDE I'm with you- everything I have and getting more!!! This is crazy.
I'm 100% in this and going to buy more today as soon as funds clear, this is being givin away under .40 cents maybe even .80 cents.
This will get interesting when we break .22 cents.
I agree with you, just seems we should be opening at .25 cents or higher. Just seems like 1 qtr production looks so good, what is keeping us down?
Where is fazlice?
Namoya's first qtr production not so hot, could this be why BAA is not trading above .21 premarket. This just seems strange to see such strong 1st qtr production and then have baa stock trade at .20. GRRRRRRRRRRRRRRRRR.
Premarket trading at .205 WTF?
Are these 1st qtr production numbers enough to cause a significant pop on there own, they look freaking great to me?
I hope were not getting good production first to cover up stinky earnings.
So earnings before open?
I really need to get a life haha. I'm the only one here. Not even sure I'll get to sleep tonight,grrrrrrrrrrrr.
I think we just getting some lucky timing. Now we need some SICK earnings and watch BAA gain some crazy momentum.
Gold 1215 come on BANRO!!!!
I don't think we know if Banro was the only position they sold. I also hope they don't know anything we don't.
They might have to sell to cover redemptions, possible.1/2 million shares not that many.
I've been thinking the same thing even if baa gets taken out at $2 and then move into another miner. 40 hour work week blowz.
If it goes lower I'm adding.
Exhausting. Hopefully this will be seen as positive but lol I own a ton so probably not.
haaahhaaaaaaaaa I should have but its Easter and i'm in chocolate biz, come on Banro!!!!!
Anything close to 4 cent earnings and I just to not see how this trades under $1 and I still feel conservative there, location and debt are negatives but pulling 20k ounces of gold per month is possible in near future.
For 3rd Qtr 2014 Banro had operating revenue of $33 million and made $3 million income. For 3rd Qtr 2013 they had revenue $27 million and a loss of $3 1/2 million. Both quarters indicate quarterly expense at $30 million. So whatever we make over $30 million is income.... roughly. ..very roughly.
Sounds in the ballpark to me, I think ends up slightly better because of higher gold price and maybe less total expenses for qtr.