Banro Corp. fka BAA

[investorwisdom]

The value of Banro's reserves are $6-$7 dollars per ounce of Gold in the Ground. Anywhere in the World is there such a low valuation for a company with two operating mines, that has already spent over 800 million on the project? The valuation is so incredibly off kilter with the rest of the market, and by historical standards that it's just mind boggling. I can't imagine a situation where 2 years or so down the road they won't qualify to refinance with massive cash flow generated from two new mines. The specialists Thys Terblanche and Derrick Weyrauch were brought on-board because they have truly excelled in these types of situations, and can greatly contribute if the price of Gold stagnates.