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under .30 is time to load up!
Hello friends! :)
Gold is going sky high and so is Banro.
Banro has made a major Golden Cross on the chart, it's a new uptrend that should last several years to the upside. Is it a get rich quick, buy low, sell high overnight event? Although most of you wish it was unfortunately its not a likely scenario. This stock is going to grind higher in the face of a strong dollar environment and even one where there is the potential for interest rate hikes. The effects of a market where the price of Gold is in correction mode as it is today is preventing a run away rally of any sort. However Banro is a safe place and has mega returns in store for us. Today, tomorrow, next week unlikely, but next year, and the following year, its a given. You dont want to hear this reality, I know but the fact is the Gold market is on shifting sand, and until the trajectory for Gold is pointing up, we are in this quagmire where the stock remains undervalued for extended periods of time. It's not a bad thing, to the contrary its a opportunity to keep loading!
Who said we were going to .06? Didn't think so..... We are going to $6.00 ~~!!!!!!!
One day real soon, Up Up and Away! Mark this post!
I dont think BAA can sell-off if Gold stays above $1100, other than that I have no clue whats going to happen???? I have been wiped out already!!! WITH THIS STOCK! My hands have been tied for a while now, just riding out the cycle which ever way it turns.
Coming market crash will make 2008 look like a walk in the park... Gold goes down at first as the car veers over the guardrail, but will soar like a phoenix rising from the ashes of the exploding car billowing smoke up from the rocks below. Sit tight folks, things are about to get hairy!!!
It's the Dollars strength, on a runaway train... Fighting that headwind to date has proven futile.
A steal here anyway you cut it.
$1.75 share price is on the way!
BAA was the most heavily traded stock in Canada only 2 years ago! The downturn in miners hit us hard, but the volume on the AMEX has now exceeded the past TSX volume. We are in a good place to be.
I told you all time and time again, whatever the problem, they are now in the past Banro has always come up with a solution, the fan base and support for Banro grows at each interval. Looks like this is no exception to the rule here. It's quite clear, Banro now has fully committed investors including Blackrock, and Gramercy. I'm already looking back and wishing I bought more shares!
Sure that is a pretty chart I agree, but what if those buys were shorts quadrupling down their bets, you know keyote and his Uncle... hah ha !
Charts super promising here, I don't doubt it...
Its not being handled properly, we as investors are not being properly informed of the hedging or streaming deals that Banro has already entered into, but the financiers have full knowledge, and they are using that to manipulate the price and rig the system. As if that was not bad enough Naomi shows no enthusiasm and passes the blame on operations, they are not painting the picture I would hope to see, but considering my position here, my hands are tied, I can only hope the price of Gold goes up. I wonder If Banro has more hedging contracts than they previously mentioned earlier, or entered into alternatives with less favorable terms because of the batched Gold Holdings deal. If Naomi says the price of Gold is not that important, I'm really surprised, because only a percentage of forward output was supposed to be hedged.
About to explode higher right about now!
What is right and wrong to the status quo ruling order is of no importance. Governments and politicians, bankers (private and federal) are blinded by corruption, special interests and greed. All they care about is setting up a winning trade and piling up to bleed the system dry and funnel the money their way to support the, ideas, and prop up the system. They throw morals, justice and honor to the wind, all they care for is doing whatever they can to keep and gain power. We are suffering because of manipulation, greed and politics, but have no doubts it will all soon unravel... and when it does Banro will be unstoppable.
I am at the end of my wits with this damm company! There is nothing
i can say or care to comment or even talk about anymore, I'm sick of it! Seriously I can't take it anymore, I truly hope this means the bottom is behind us....
I double that information regarding Naomi, she is far from the person or attitude we need to propel IR to its potential. There is no doubt about it, Banro can do better, promote Naomi to another position, but as far as IR she is far far far away both in mind and spirit from what we need and from what Banro is capable of. I have communicated with her many times, and she is really out of touch with the way things need to be handled and addressed. I'm convinced Naomi needs to be replaced as IR of Banro. And this is not some here or there opinion, but one developed from years of investing in Banro and asking her questions. She is really out of touch, and is lacking that spark of magic necessary to take us beyond what the operational efficiency on the ground can provide for. She is not attentive to the small details and really has a can care less attitude. Banro is far from tapping its Investor Potential and I feel leaving it up to Naomi is by itself not sufficient for a multi billion dollar company, she passes the blame on operations. IT SUCKS! Thinking about her running the show at IR is not a good feeling. It feels like there is a helm but its not being manned, and certifiably not being done with any type of excitement or enthusiasm. I will be honest every-time I talk to her it worries me, I dont like the answers or her attitude which really has an end effect on Banro from doing and being all Banro can. I sure hope Gold goes up, because if it goes down, we are all screwed beyond belief.
Where did you get those pictures from? Can you please share the link.
Gold completed it's test of $1220.00 Now it's headed up.
No point in worrying about things you have no control over....
Load this baby UP! The time for redemption is upon us!
HA! If you think the price and the World revolves around you, then bless you for the mistakes you are going to make soon, you have a long way to go and long journey of learning ahead of you...
Yeah I agree, Radio Shack bankrupt, pixar laying off jobs etc... The US economic department just figures now that it's easier to take the lead from China and lie to the public and investors and put out whatever numbers best suit the political agenda. We are all screwed beyond imagination, Get you Gold and hold it. Greece is about to break, they are buying Gold over there to hide money from the corrupt political parties that mandate austerity. The trend of buying gold to protect your assets from corrupt politicians will continue and grow at exponential rates.
Chakin Money Flow still Building strong! Money is indeed flowing into buying the shares of BAA. It's not flowing out.
You are right! It's not about the current week or the past two weeks or the next two weeks, its really about the next 2 years. There is no doubt this stock will appreciate from the current market cap today. They have invested over a Billion $$$$$$$ Dollars owe less than 20% of what they already spent. Have 2 profitable mines and plans for 2 more, they are among the lowest cost producer ( With Diesel input $$$ cost falling ) So Banro is even more efficient now, and dont forget the 10 million ounces in the ground with potential for that figure to maybe even double or triple to 20 or 40 million ounces reserves with some more exploration. Its by far the lowest valuation for a efficient operating producer possibly in the history of Gold mining. This is the place you want to load up and not watch every day. You dont see me posting every day, its because there is not much to say, it is a opportunity that makes you totally speechless! Just keep adding!!!!!! GO BANRO! LONG AND STRONG! BAA 4LIFE!
It's FREE @ these $$$$ Load them up this train is about to leave the station!
This is IT, Get ready for next week! LOAD THE BOAT!
Gold is going to recover and when it does BAA is going to go much higher!
OK 12 months is better than open ended thank you, and that coincides with what Jim Rogers has been saying for some time now, so it makes perfect sense.
Twilight Zone and Ground Hogs day, Everyday of the year! We are living in some kind of time warp that alters the normal fabric of time and space. I'm convinced of that, and have been for what feels like years on end now.
That was short-lived... Wish you the best of luck with your next investment.
Stock looks great right here from the technical side. BAA looks hungry to head towards the 200 DMA at .26
"By the time Greece defaults it'll be for over a trillion euros and not the paltry $200B or so they'd default at now. I expect US Inspector Generals to finally be able to get their UN-redacted reports in front of Congress and the US public at about the same time. When people see the TRILLIONS the US has spent and the true health of the US economy they won't even remember Greece."
Question? If it took all of history to get us to this point where Greece owes 200 Billion. And you say its good news because they will soon owe 1 Trillion and that scenario will make Gold go up to $2000. But it took all of history, so do we have to wait another 5 years? 5,000 thousand years? 50,000 years or 500,000 thousand years for Greece to rack up another 800 Billion in debt so we can see Gold sky-rocket? The scenario you put forth has an open ended timeline with no look forward to date, rather its just saying eventually sometime in the future because of a political election in a far far away place. I'm sorry it's not the con-solace I was expecting to hear, and it's not enough to rally the troops here. I want Banro and Gold to appreciate too, but we are stuck in quicksand until further notice.
I dont trust politicians, it is all politics.
What do you all think about the political unrest? That being the president Joseph Kabila ordering his troops to shoot and kill, murder protesters because he wants to amend the constitution with a technicality for a third term? His time is up soon 2016 and the replacement may not be as favorable towards Banro and its terms. it possible the country goes through a revolution and that Banro and its assets could be nationalized? What is it a 50% 50% chance? Who do we root for the current President Mr. Joseph Kabila because it favors Banro under favorable terms? Or do we support fairness, freedom and the people and the right to vote and choose their own destiny knowing that it can bring unfavorable terms to us as investors.... The only problem is here is that the major opposition party is funded supported and put in place by France special interest. They keep calling for nationalization of everything all mining companies etc... We have a big political event ahead of us and there will be plenty for this stock to interpret from what happens in the DRC over the next year. If the French supported leaders get in power, they are going to rape us. France and its policy of LA Afrique has a history of doing this throughout Africa for the past 100 years, they try to gain power and direct the resources all to France. It's just another form of rape and pillage. We have to make 1000% sure the French sponsored politician is not elected or takes over through military force. But do we support the current president who shoots his protesters? There are some serious politics that are about to get hashed out here, and I hope you all pay close attention and realize how much these related events could affect Banro and it's stock price.
Political Unrest DRC
Going to test the 200 day moving averages.
Cant wait to see BAA fly! The time is upon us. Trajectory is up and we are ready to fly!
LONG & STRONG