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They can forecast all they want - based on past experience. The future is a whole different ball game. The world has never been in such a perverted economic and geo-political condition. You can't meddle with the natural economic laws without consequences. BAA should be able to take full advantage of future gold prices.
Comments from May 2015
Coach, Thanks for your good work. I am feeling as optimistic as ever about BAA. I think the management is doing a great job. Glad I added at 0.175, especially with the trajectory of POG.
UA, I agree. I think it is particularly misguided to email management and tell them that the shareholders have turned against them. It takes a lot of gall to speak for this diverse group. The last thing we need is a wedge between BAA stock owners and BAA management. Just look at the wedge between ANV and their shareholders. Support BAA management, they have done nothing wrong.
There is a lot of deception in this world- Maybe gold and coal are getting the same treatment!
Wow! Obama drives down coal company stocks, and Soros buys them on the cheap
http://www.americanthinker.com/blog/2015/08/wow_obama_drives_down_coal_company_stocks_and_soros_buys_them_on_the_cheap.html
I can't wait until the paper gold Ponzi scheme crashes. If the tungsten counterfeit "gold" is exposed as well, real gold will explode to the price it should be. Gold producers should pool their resources and expose these crimes. All paper gold owners should demand physical gold. If they don't, they are schmucks.
You're right - the last paragraph says it all:
The Committee currently anticipates that, even after employment and inflation are near mandate-consistent levels, economic conditions may, FOR SOME TIME, warrant keeping the target federal funds rate below levels the Committee views as normal in the longer run.
I agree. I feel the pressure building for a gold backed currency to be declared. I think it is just a matter of time. When it does happen, it will be like dominoes for other currencies to follow and gold and silver prices should explode. However, without a doubt, the banksters will continue to do everything they can to prevent it. I think that there will have to be a pretty serious economic crash to make it possible, but the world will be a better, more honest place after money is "real" again. Who knows, maybe the next gold backed currency will cause that crash. Bring it on, let's get it over with!
Kitco breaks it down - just click on "Find out"
Currently down $14.00 - $9.50 of that is due to the dollar strengthening.
http://www.kitco.com/market/
I hope this isn't a repeat post, but it is the first I have heard of it - for what it is worth.
China - 30,000 tons of gold according to Pravda
http://english.pravda.ru/business/finance/15-05-2015/130611-china_gold_dollar-0/
How does this stock fall after the major good news? - Rare Element Resources Completes Key State and Federal Applications as Next Step in Bear Lodge Project Permitting. ?????
BAA did the same thing last week. Down about 7% in the morning, then came back. No worries.
In Q1 at Twangiza, we reported 35,943 ounces of gold and Namoya mine produced 9,234 ounces of gold. That is 45,177 oz. Q1 total.
If Twangiza improves 3%, due to productivity gains, even though they are at theoretical capacity, That would be 37021 oz. for Q2.
If Namoya improves 100%, bringing it to about 2/3 of the low end theoretical capacity (of 9000 oz/month), That would be 18468 oz. for Q2.
My guess for Q2 production - 55,489 ounces.
Yea, I remember Sierra saying that PAL was going to be bought by Buffett - just before it crashed. A site to be avoided!
POG will jump once China gets to 10,000 tons.
http://sgtreport.com/2015/06/chinas-10000-tons-of-gold-will-destroy-the-dollar-srs-rocco/
Gold is being pushed down ahead of the Greece default so the 1% can keep buying at low prices. At some point, the POG will not be held back.
AKA the smoking gun...
It appears that there is something seriously rotten about ANV management. Thanks for bringing it to light. I am no lawyer, but it sounds like fraud to me. I lost a pretty penny on this POS, but I am still holding with hopes of some recovery. Sounds like the EC needs to be voted in as a new board at the next opportunity.
Nice insider buying. Mooney quadrupled his holdings.
John, I think I first heard about BAA from you - THANKS
How is the official EC compensated for their work?
Me too - bought more at 0.35
Good to hear. Thanks
Almost 100K shares traded at 0.395 after hours.
I am with you wool. I don't see any reason to sell before the PE reaches at least 10.
Really nice to hear comments like this from CEO:
[BAA CEO: I will repeat the key objectives that we've set for ourselves for 2015 in order to maximize value to shareholders]
After being thrown under the buss by ANV and PAL CEOs, I was pretty skiddish on Banro. At first, I thought I was seeing pumping but, after listening and learning from your posts, I am all-in. I am excited about the future of Banro and to all that are long here. Thanks Blue.
We should thank all of those hard working BAA employees for their impressive success. Well done! Thank You.
I see that you took your own advice an bought 10 shares yesterday. Impressive volume!
Great analysis. Love your videos. Can't wait for the next one, after this ER.
I hope you are right. This looks pretty good to me.
There is not much going on here -YET!
We should start a club. I have the same talent. We could get paid to NOT invest. After ANV and PAL, I am very skiddish. I still have a stake in BAA, but I cannot take another big hit.
Blood in the streets buy @ 0.1025
"Mark Ashley has been a horrible communicator"
Any response massher?
Why aren't you hitting the ask on this and buying every share you can get? 600 volume today - funny. You must be the ONLY one with that privileged information.
You can keep on pumping, but nobody is buying - literally!
"68% Fe, NO SULFUR" - Well that is news! When did that happen??
ComstockRoyalty - Thursday, 06/06/13 10:08:42 PM
Re: happycampers post# 752
Post # of 3088
DRINKING DOM PERIGNON
AND GETTING READY TO BUY THE DIP.
CONGRATS TO LONGS.
LONG AND ADDING ON DIPS.
YOU AINT SEEN NOTHING YET.
CHEERS!
COMSTOCK - YOU WERE RIGHT I AIN'T SEEN NOTHING YET!
COMSTOCK - YOU WERE RIGHT - THERE MOST CERTAINLY WAS A DIP!
I thought this was an iron ore stock now. There is no development going on in the gold side is there?
Great news!!! Can't wait until volume is 100K - at a price of $0.001