Banro Corp. fka BAA

[Techamental Logic]

Welcome to the Banro board on iHub. This board far and away is one of the classiest on iHub. There may be a few feathers ruffled now and then but Banro has a very strong set of investors!

As we now watch BAA march north I'll cover some of the reasons we are as confident as anyone can be in a 50 cent gold company.

First and foremost is the institutional investment level of over 46%. In fact the Q1 filings have made it quite likely that Banro will be shown to be over 50% institutionally owned when the latest numbers are released in 30 to 40 days.

http://www.nasdaq.com/symbol/baa/institutional-holdings

How important is institutional ownership? We just witnessed that. For the 4th time the RSI was driven down to 36 and then again repelled the onslaught. There just aren't enough shares available to sell Banro down any further. The institutions aren't selling, we know this because they would be required to file a form. Likewise the insiders. I'm confident many of the small investors are holding and I count myself among them.

Next up we have the fact that Banro is 98% on the construction of their second mine that is estimated to produce more than 9,000 ounces a month! Once completed Banro will like produce a minimum of 18,000 ounces per month and because of their recent equipment upgrades producing over 20,000 is expected to occur frequently.

Outside of Banro itself we have a gold crazy world. The Chinese are buying the metal, the Russians are buying the paper and the Indians are providing liquidity which is allowing everyone to take larger risks which in turn increases demand and as we all know the higher the demand the higher the price of gold!

There are many other reasons to be bullish on Banro and when I have a little more time I will go over them in detail.

There are many here that are heavily invested including myself. As you've seen heavily invested people can become highly agitated...and really who wouldn't? Banro is more than just a high risk / high reward investment to some and again including myself. Banro is a fun company to root for and while it is rare for me I've invested emotions in this company in addition to my money.

With that said disrespect has never gotten me anywhere. I also never pass up a good opportunity to build character. Thanks for dropping in and I look forward to talking with you.