We are witnessing BAA's new floor being constructed and it is a very solid floor. Almost a million shares have now been consolidated between .53 and .55. With Q1 financials still a month away there is a very good chance the buyers hold for a while which is what gives the floor strength.
It is important for BAA to rise at a slow steady pass until it arrives at .80. BAA's biggest problem right now is the PPS jumps too fast. If someone comes in and buys 200,000 shares BAA will be right up to .70+ again and investor sentiment will be that it is too high.
If Banro can announce next month that they are now confident they can sustain operations solely using the gold they produce that will be the catalyst that drives BAA well over $1.
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