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Re: investorwisdom post# 6684

Friday, 07/25/2014 8:49:01 PM

Friday, July 25, 2014 8:49:01 PM

Post# of 63744
Nothing is set in stone and I actually have a few more things to share but I need to do more DD first.

THIS IS ALL SPECULATION

Several months ago I joined iHub and I started posting with both guns blazing about Banro and China.

Now Banro has landed Thys Terblanche who seems to have a one track mind on China no matter where he goes. First Standard Bank...then CIBC and in both places he is pushing Chinese mining in none other than Africa! Now his Linked In says he is "Taking A Break" and what is he doing on his break? He signed up for a year long directorship with Banro.

Right now I think he and Banro are trying to figure out if they are a good match. Banro is in Africa. Banro has an MOU with China Gold. Thys is all about China, Africa and mining. What else do I have? Well...I have the fact that JUST WEEKS before Thys joined Banro the China National Gold Corporation (China Gold) abruptly broke off talks with Ivanhoe Mines. Why? I don't know. I'm pretty sure it wasn't because China decided they don't want to mine in Africa anymore. I think it was because they are talking to someone else. Hmmm...I wonder who?

What do we know about Ivanhoe Mines (IVN:TSX)?
http://www.google.com/finance?q=TSE%3AIVN

Well not only are they another Canadian company but they have leases a stones throw from Banro's leases in the DRC. China Gold we know for a fact was interested in Ivanhoe's DRC copper leases because it was made public that China Gold was offering CASH to help jump start Ivanhoe in return for a 15% stake in the company.

Imagine that for Banro! A cash rich company who wants a permanent stake offering cash that Banro wouldn't need to pay back. Sure it would dilute a little bit but it would also get rid of the insane debt.

As of right now Ivanhoe holds leases on the most copper rich earth in the world. I say as of right now because our very own Banro could in fact hold leases the the most copper rich earth in the world and just not know it. China Gold is also interested in gold. I'd really like to see the MOU turn into at the very least a JV but and I know this is a long shot but just imagine if that MOU instead turned into an RM. WOW!!!
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