BAA
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If we see another 400k+ buy tomorrow like we did Friday and today, I think it will be in the rear-view mirror.
Hopefully she keeps steamrolling once everyone is back from lunch!
You scared me, Nagoya, because that's how a lot of funerals start and you had learned of some important news!
If that was your 400k buy just now, tell all your friends! Nice buy!
If today was any day in 2018, i'd be ok with that. Are you being sarcastic?
When there are red bars on the char indicating a sale but the price goes up, what does that mean?
Today - another good day. Nice to see. In another week or so we'll start betting on Q1 earnings!
Nice - thanks for the laugh. I love personification!
Will the 52 week high be broken today??? I hope so!
It smells (stinks) like desperation around here.... worried about not buying back your short position?
I say we close at 0.315 today. Testing that wall again for a second time today
I think it was the unexpected impairment charge for Q4 that killed BAA's rally. I agree there is no they, though. We simply need more buyers.
Something else? I don't think so - believing there is is almost conspiratorial itself.
Target of $1.30. 358% gain to realize!
Target of $1.30. 358% gain to realize!
haha - fair enough.
I'm relatively new to investing (4 years young) and have been working hard at it. I've never lost sleep until these past few weeks when Q4 fins were announced with another impairment charge and increased AISC for H1-2016. If there is another impairment anytime soon, this stock would be officially broken.
Glad to see you still around.
I hope you are right!
In all reality, with maintain capex required to mine this new found stuff in 10 years or so (machines will be wearing out) on top of the AISC, the nominal value in terms of PPS due to this news is probably pretty minimal at this point in time.
I agree it doesn't work like that. I had to let the pumper in me out just for a small play on the park though...
Yes. Which is $12.63/share
If Gold keeps trending up up and away from $985, this news may be the spark to get some catapulting action going on!
It would've been nice pre-market but it could've been worse... like at midnight. Banro, you seem to be getting better at everything. Bravo!
News! 9% more gold for Namoy and Twangiz.
http://www.banro.com/news-events/news-releases/banro-announces-reserve-growth-of-9-to-318-million-20160419
These charts are quite interesting. How often do so many indicators converge at the pps like this? It is promising, I would guess, and even the RSI is healthy!
I like it! Thanks - this put a smile on my face.
Amen! I've already learned this one, but it is easy to forget and important to be reminded.
I wouldn't call overbought healthy. Nothing goes up forever neither. I would be scared holding it at these levels after such a dramatic rise - I would be selling to a greater fool right now.
Banro' chart is looking very healthy, actually. I like where it is going - just a little impatient.
Hurry up and diversify! I need this to take off! :p
Book value is $1.36 around. You do not know which way is up and which is left.... errrr... Wait a minute
A buyout of $1.00 per share would prob get accpeted which is 4x today's price!
Actually it is. GSS is an example that even bad miners with mediocre assets and a terrible balance sheet can explode in price. Just imagine when the market 'finds' BAA! Double overnight! (and not double rainbow)
There are two parties. The first party is liquidating @ 0.27 and the second is buying @ 0.27 - that would hold the price to 0.27, wouldn't it?
Gobbledigook!
There's just few buyers at $0.27 and many sellers. Looking at the volume today, there was maybe two positions initiated today? That's not enough to push a wet noodle up hill!
Hey look! The sky is blue!
Another message from Captain-Usually Not-Obvious-But-Is-For-The-First-Time-Ever
How many of us wish to have flipped GSS at this level into BAA!
Wow - what a dream. Missed it! Haha - next time maybe.
Sometimes when a stock goes up, it continues going up just because it went up.
Any suggestions or ideas?
You're probably right. We've seen many possible catalysts come and go with no reaction: Namoya commercial, staying listed, repeatable quarterly gold production...
I don't know when the spark will happen but something will. Let's say this hanging wall is equivalent to an additional 1.5 million ounces in proven reserves... I think that would make some sort of positive impact on the pps - but then again i've proven to be too optimistic in the past.
What about the hanging wall at Namoya?
I don't know which balance sheets you are looking at but the total liabilities are not all that different.
Total liabilities BAA: $382 M
Total liabilities GSS: $370 M
The fundamentals here are still really good. Q3 should start to look amazing and Q4 will be the home run if things go as planned.
As frustrating as it is, and I share yours, the odds of this doubling now are higher than all the others that have already doubled IMO. We are still tracking junior indexes, on the lower side but nonetheless tracking.
I know as a shareholder, I am starting to lose patience and surely many others are too. Hopefully, that hanging wall @ Namoya which is a whole 'Lotta gold can start getting the market to appreciate this company.
I was wrong - new book value, considering new shares and dilution is around $1.38/share. Still, much better than GS$ -0.50 :-s
Your attitude denotes the idea that BAA is going to catch up to the other leaders in this upswing. True?