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Re: investorwisdom post# 5102

Friday, 06/27/2014 9:41:57 AM

Friday, June 27, 2014 9:41:57 AM

Post# of 63744
Now lets compare Ashanti to Banro. Ashanti has a 6.82 billion market cap, but recently it had a market cap over 20 billion. So if Banro is correct that its Twangia to Namoya Gold belt rivals that of Ashanti, Banro could one day have a similar market cap. Lets dive into the numbers and see what kind of returns that would bring shareholders if happens.

Banro market cap @ 6.82 billion = price tag is $20 dollar range for Banro stock.
Now that is the low end valuation in comparison to Ashanti
Banro market cap @ 20 billion = price tag is above $70 for BAA stock.
This is the recent high end for Ashanti stock price comparison.

It's simple math folks, if Banro really has as much gold as a comparable African gold miner that being Ashanti, then it's possible one day Banro may have a similar valuation.

It's possible Banro can be a $20 to $70 dollar stock if they are serious about comparing the Banro gold belt to the Ashanti Gold belt.

Don't take my word for it. Read it directly from the Banro website in a well laid out presentation.

TWANGIA NAMOYA GOLD BELT RIVALS ASHANTI

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