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Stop looking for it and before you can blink it will be in the rear-view mirror! GO BANRO LONG AND STRONG!
ILLUSION is what this is, here today for a brief moment in time, next phase in time roaring success!!!!!!
I agree with that statement, so lets dig deeper, who is behind the big Gold Holding deal, who is the big investor? Visit the Gold Holding website here they are located in Dubai, it looks like the royal family wants to buy directly, but the cash on hand may have declined from the decrease in the price of Oil. Its possible the cash flow has dried up from the Oil crash, what else could be the holdup. They want to buy deliverable gold, and Banro produces that physical gold they need, it makes sense the deal will get done without a hitch.
Gold Holding Limited is an investment holding company headquartered in Dubai and registered under the laws and regulations of the Dubai International Financial Centre. Gold Holding is a thriving group that is constantly seeking new companies to join its growing portfolio of precious metal and mining companies. It does however have stringent ethical values that mean its procurement methods are always of the highest moral standards and it is highly selective in where it chooses to operate.
Its possible that the better grade is at the surface but unlikely, Gold the heavier element always sinks deeper over the ages. The original estimates about the top ore body were totally wrong, hence the retro=fitting of the plant currently underway. It is more expensive to run an underground mine, but lets just see how the next 8 years go.
Hey thanks for the tip! Maybe I should listen to you and your negativity some time, Psych! GO BANRO LONG AND STRONG!
The deeper they dig, the better the quality and grade of gold, production and efficiency will increase and input cost of Diesel fuel has already decreased.
It's accurate but phony at the same time because of the method it was obtained. Gold will come back stronger than ever.
In this environment,
A. 40M
I expect .26 a share from the 40 Million deal
B. 40M and 80M
I expect .54 a share for both deals combined
C. 40M with Namoya numbers
I expect .32 with the Namoya numbers
D. 40M and 80M and Namoya numbers
Both deals and the numbers we can see .68
C. financing and JV
I dont think any extra financing or JV will add value, only take away more from what little shareholders have.
All the estimates can be multiplied for every hundred dollars Gold moves up or down.
The real positive about the current price is that as the price has moved lower over the past 2 years, overall volume has steadily increased, when Banro comes out of the rut it's in you have a company trading over a million shares per day, maybe by the end of 2015 we have a company that trades 2 million shares per day and we grow from there... This is a major positive that is much too often overlooked, but is significant for sending the stock higher in short order.
So much manipulation in the form of cheating lying and stealing going on by beating down Gold on the NY COMEX and LONDON exchange that its sickening. You watch the trading in Sydney and Hong Kong, and you can clearly see the manipulation is not there. Its so wrong and immoral for the central bankers to manipulate the market like this and for everybody to just turn a blind eye so politicians can get elected, while the end result will be worse than the 2008 housing depression. You can take it with a grain of salt, but i refuse to subscribe to lairs cheaters and manipulators, who are fueled by greed and politics.
Do you all realize that the higher the stock market goes, the stronger the accounts of the central bankers, who in turn use the added equity to knock down gold prices. Its Gold vs the central bankers, not battle we are likely to win until the whole thing starts to unravel, currently low gold prices validate the spending spree and hide the effects of devaluation of currencies by over printing. Its not a battle we are likely to win short term, its a depressing situation to be in, seeing all other stocks with 1000% returns while our BAA dishes out -97% returns. It almost feels as if its too much to bear, I can watch this anymore, its too painful...
The extent of the damage dealt to us investors is as severe as it could ever be. To sit here and complain about how bad it can get after the backdrop of what already happened is insanity. The time to buy is when the blood in the street is the greatest, and there has never ever been a time with this much blood among the mining sector! Its a total beheading over here!!! Get in while the getting is good! GO BANRO!
Who Owns Gold Holding? Who is dishing out the money? Is it the Saudi Arabian Royal Family? I'm under the impression it is.
Hong Kong session will bring us up.
If the markdown took place outside of a cyclical correction? You would be crazy to buy this stock, I agree. However the current markdown is not particular to only Banro, it has hit the entire Gold mining sector down to multi-decade lows. Now in this scenario the prudent thing to do is to look for the most beaten up stock or company, that has staying power, for when the cyclical rebound does occur we will reap the highest returns. Yes its possible the cyclical downturn is so great that many miners will go bankrupt or have to merge to exist. And hence we have current price levels in expectation of bankruptcy or merger. Now in this case you have to consider net debt to asset ratio, current income, and money already spent. Do the math you will find Banro is the rebound stock to select with staying power!
Awww Fudge! Cant get a break with Gold....
Santa Claus rally over, lights out for DOW!
Gold will rebound from today's central banks manipulation! Organized shakedown to keep the music playing.
Preserve your capital, keep buying!
Gold is under pressure from central banks, they have a mandate when any negative or stalling of economic numbers such as poor housing results, they have orders to sell gold. Its all smoke and mirrors, just like Alan Greenspan said Gold is the best investment against the policies of today's central banking system. The loose goose money is free strategy can only take us so far before the house of cards comes crashing down. At .125 cents here I cant imagine a more prudent or safer investment than Banro shares.
Gold will rebound, hold on!
Why is this .13 it makes no sense...
Bullish Pennant chart pattern about to break out!
Will the Banro Grinch spoil Christmas for us this year?
Am I seeing things?
I have been building a position in Banro for several years. I don't see how the largest undeveloped Gold Range in the World, will ever be valued at 0. Regardless of what the future holds, Banro has incredible value in the Ground. Its a bonus we have 1 optimized Twangiza plant producing at full speed and Namoya on the way. BAA was successful in raising and spending 1 billion dollars, and the current debt is less than 20% of money already spent leaving about 850 million dollars invested on the table for a 40 million market cap! YOU DO THE MATH! Banro is a godsend!
I agree with that sentiment and am also 100% fully invested!
NO amount of research could of forewarned what has already happened to BAA stock. This low price is an anomaly that, in the future when you look back will just feel like a fleeting glimpse of the opportunity of a lifetime. GLTA! GO BANRO LONG AND STRONG!
Would be great if you can give us some evidence and show past examples to support your claims about the management. Can you please show examples and give us names? Which ones have bankrupted companies in the past, I want to know the names of those companies. Lay down the facts, because coming here and bashing and singing the same tune with no supporting data is ridiculous!
You are too late, we already bought at $1, $2, $3, $4, $5, and $6 dollars a share! Where were you then with the warning, now at $0.13 you say sell? hahahahahaha like it matters to most of us...
whats the point, let it go, we each add our own unique flavor to the Banro soup! Be grateful for these cheap shares, thankful for the company we offer one another and lets use that pent up energy and frustration to encourage one another!
BAA is next up at bat! All Gold stocks are taking off!!!!!!
Its just the boom and bust cycle playing out, by the end of next year we will see the sector flying high and well on our way to mega returns.
Keep up the great work, I for one appreciate your comments and your DD. I think my favorite comment I heard the other week about Banro shares being the cost of a Willy Wonka bar bite! Even an Oompa Loompa knows that is just ridiculous! LOL its so true! The price of shares are equal to a sip of fancy bottled water, its just ridiculous! Get em while you still can, or you will regret this opportunity when the stock if Flying up to the Sun at $20 and up!
who cares if its today or next month, its the reality, it will happen.
That 50 million figure makes no sense. Banro has already invested a Billion in the project. Explain where the 50 million bid would go to? Who would benefit and make money on that type of deal? Everybody is a loser but the buyer in that scenario. There is no reason to believe Banro is in a life or death situation, it's only the short term stock market that values it's current market cap at 50 million. It would have absolutely no relationship to the events that led up to today, all the accomplishments, all the work and effort, just to sell out for 50 million? Why?
Gold doing great and showing glittering strength!
The bright side in all this, when the sector turns, its going to be hard fast and explosive!
so whats the end game, you are saying the jig is almost up. SO WHAT COMES NEXT? Are you a buyer at your target?
Only in a wonderful, perfect World would GOD give me my favorite company @ .14 cents, If you cant see that is a gift from the heavens, in fact the ULTIMATE Christmas gift you could ever possibly buy yourself or another person, an opportunity that will change your life for the better, than I'm going to have to pray for you. By the way 13 new Schools and a Hospital will be built this coming year! More lives saved and more kids in school, means a better World for us all. That's something I can live with on my conscience. GO BANRO!!! LONG AND STRONG!