Banro Corp. fka BAA

[Techamental Logic]

Banro got a shout out from The Mining Report in a blog post today.

http://www.equities.com/editors-desk/futures-commodities/catalyst-checklist-for-precious-and-base-metals-uranium-and-oil-and-gas-plays

TMR: Let's get to some catalysts that investors can zero in on. What are some near-term catalysts in the precious metals space?
JA: We're looking at a construction decision at the Cerro del Gallo silver-gold project operated by Primero Mining Corp. (PPP) ($P:CA) in Mexico. That should occur between now and the end of August.
TMR: Is a construction decision one of the bigger catalysts?
JA: We consider it a go/no go decision. That is definitely a larger mover, probably about 5.6–6%. That's obviously going to depend more on the size of the company and the project. But if Primero decides to proceed with construction, then commercial production is expected in 2015.
TMR: How about some others?
JA: We're looking for a commercial production start at Banro Corporation's ($BAA:CA) (BAA) Namoya gold project in the Democratic Republic of the Congo (DRC). That one is imminent. Banro has been doing a lot of updates on that project, so it should be before the end of Q3/14.
TMR: When that's up and running, it's projected to produce 124,000 ounces a year, isn't it?
JA: That's correct. And that's Banro's second asset. The first is Twangiza, a gold mine that's also in the DRC.
- See more at: http://www.equities.com/editors-desk/futures-commodities/catalyst-checklist-for-precious-and-base-metals-uranium-and-oil-and-gas-plays#sthash.Fe01IycJ.dpuf