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Prove that they are buying
Great post my friend thanks. Shoot me an email if this is good to look at again
I see. Any idea on delisting? Or q4 eps?
made up for BAA losses and then some. Thanks - hows this thing doing ?
Exactly. I got into JNUG at 8.45 and unlodaed at 12.45
I dont understand where he is getting his numbers when clearly eps is around .107 per share that everyone is getting..
if gold goes up 1400-1500$ other stocks will outperform - so i will need a damn good reason too own the count of shares that i did.
time will tell -
Also take in consideration 10.7 cents per share is what they are paying. I have a feeling eventually, price will dip again, and then go back up..
JMO.
Also - this is not first time they are saying about promotion of banro. It was supposed to happen last year but never did. Martin said he is confident share price will reflect, and it didnt. Lots of little " lies"
Ok - lol..
500k shares triggered stop losses. 2.6 m sold intentionally
Thank you - my thoughts exactly. Boston seb posted an very insightful post
Not sore feelings , yes i left . Not a single share i own. But , i am wondering what will happen to baa and will keep an eye on it.
I humbly disagree with you. Baa will not be .30 after deals go theough, especially if pog stays the same. They need positive eps and so far they posted 1 positive eps in last 8 quarters..
market cap of the company- and new shares / restructuring isnt done till april....
thanks Team - just be careful. Remember, the fine crushing unit is not installed yet. I will be impressed with the rainy season, if they pull 57k, and that's on the high end.
I see another 4-6 quarters negative earnings. No way with all streaming deals and forward sales, they gave too much of monthly production up. This last one was icing on the cake for me, and you have to admit, they can burn through cash like a mother.
Ok - selling gold fr 800 per oz either way you look at it, its financing of some kind. Gl to you.
lol ok- how can they develop when no cash or burning through it like water... wait for it.. another streaming deal .
And i hope it does for everyone- usually i have a good feeling about stuff, but i dont anymore. Good luck in your endavours
Hey team !
I am officially out of baa with a small loss. I spoke today with some friends who really analyze stocks and the last streaming deal they got which would put them at 5 or 7 streaming deals including dore ore+ enormous amount of os for a small cap like banro its not good. Due to all streaming deals, unless pog is 1300+ and production 70k + per quarter they can not post positive eps. And the fact that right now they cant even use toilet paper without asking bayin, blackrock or gramecy doesnt give them a good feeling. Also , delisting notice is in effect from nyse. I asked about their prospect of gold and they were all in agreement it will be rocky next 2-4 months. One more fact they brought up all of this is hitting in April. Q4 eps, Q1 production ( fine crusher probably still isnt installed). 2017 guidence, and all of this restructuring. If all gets exercised , like bostonseb said, they paid 0.07-0.08 per share. They are concerned what will happen to pps.
Shoot me a email and we can talk about some stuff. Pm me yours and i will send you a message. Thats for everyone who has decent picks and wants to take this outside of board. Thank you for sticking with this my friend but i dont have a good feeling like i used to anymore.
500 shares.... remember..
Read boston Seb post.
HOw did they eliminate it... please explain.
No, nothing got eliminated, allocated or they took a hit in different ways.
IF i understand, they just refinanced, and diluted the shit out of OS. Yes, 3 key players will hold majority of OS, but, still, OS is 1.1B per TeamTOC email.
IVRT - got your message. Will reply to you this week. Traveling right now.
Will they hold out for 3 years while gold is ramping up?
thanks the question.
Yea but still - not feeling good about all of this.
Here is what i dont have a fuzzy feeling :
1. huge Dilution. But - was unavoidable.
2. De-listing notice was served again. Martin told all of us not to worry, and this happens. With bad Q4 due around march - april time frame, i wonder how are they going to be still listed on NYSE.
3. Around april time frame when Q4 comes out, all of dilution is taking place and restructuring of the finances. Stock price will probably take another small drop there.
4 By then, we only hope that fine crushing gets improved on first mine. If something goes wrong, there goes another few Q of bad performance. And will all of streaming deals , gold price will need to be at least 1300+ to make a decent profit.
I think this will be up and down for another 6-18 months before finally takes off.
Someone please prove me wrong, or fill in the blanks what i missed.
Whats interesting if they have another bad quarter - and they did another forward gold sale agreement. So until twagaiza is pulling over 10k+ again, these streams will hurt big time.
Now the big question is, what do i try and invest in next.
i think 10-.12 is very reasonable
If it hits that range, i am buying in again. But 4q is not that great, therefore nothing will happen before summer. They also said this restructuring will not occur until april. So it can go down based on gold next few sessions my friend. Be careful.
Sorry brother, was hoping for a bit better news :(
I see it bottom 0.09-11 .
I will be honest. My stop loss has trigger on some shares.
I dont have fuzzy feeling about all of this, especially since 4q wasnt great.
gss has 328M OS.
wow, so they will all own 350M outstanding shares each.. Not sure how to take this, this is too many shares out there now, unless they are planning to do a share buy back
holy crap.
how do you figure ?
OK - no time to read - recapitalization , good or bad ?
Seems to me they are refinancing everything ?
Interesting - is he anticipating for price to go up ?
Not really. Look at Daily average. Also - look at entire gold sector. Dow broke 20,000. Things are turning interesting :)
Thank you jj
Are you sure you are on the right board ? I dont see your post last week on the charts. Last post that was deleted on 01/11/2017.