Banro Corp. fka BAA

[spencaround]

Oh well maybe next year for me.........

This scenario that braised posted long ago is still viable:

First lets speculate current Gold bullion spot price at $1300.00 multiplied times the mining industry average valuation per dollar of resource ounce which is also used in acquisitions. I believe its 19.5% so Spot Price $1300.00 x 19.5%= $253.50 Lets conservatively estimate that Banro has 10 million ounces in resources that's just over a $2.5 billion valuation. They now have 276 million shares fully diluted. $2,535,000,000.00 divided by 276 million=$9.18 a share

Lets speculate that they dilutes more to 315 million that puts them at $8.05 a share. Lets Speculate that our Federal Reserve completes the Brainwash of every American and Gold falls to $1100.00 and ounce. Lets speculate that because they are in the DRC and this has always been a Low Hanging Cloud on Banro since the 1990's that the purchase metric is cut in half to 9.75%.... that's $1100/ounce x's 9.75%= $107.25 per resource ounces.

Lets make it worse by speculating that Banro can only get HALF of their quoted resources out of the mines. 5million ounces x's $107.25 = $536.25 million and we will retain speculated further dilution of 315 million shares this equals out to $1.70 a share and that's if Banro completely has everything go against them price.

This would be an excellent time for someone to attempt a takeover....