Banro Corp. fka BAA

[baystock1]

Actually "I believe" was a poor choice of words on my part. What I really meant is that "I am open to the possiblity".

What I really believe is that the washout in quality junior gold stocks is behind us and that we are close to a powerful up leg in gold and junior gold stocks similar to 2000 and I am not going to try to time my entry.

Below is a post by another poster from another site who is an independent and contrarian thinker:

"I realize that 98% of the people on SI either day trade the miners or are extremely short term oriented. I suppose a three year crushing bear can do that. I seem to be the only one who thinks that the Miners are now in a cyclical bull market that is leading to new all time highs.

Listen, the 81.50 level looks like (knock on wood) it will hold on a closing basis this week after a couple of intraday spikes above that level. $1280 POG has appeared to hold on a closing basis after being retested yesterday and today The Miners are diverging bullishly and made a higher high yesterday as the POG hit new multi-week lows.

What more do you want? Price appreciation is coming.

I love washouts. In fact, I collapsed on the couch in utter despair in October 2000 after my wife and mother ripped into me after investing their IRAs in gold mining stocks. They both were screaming on the top of their lungs telling me I had no right to blow their money on fu-kin POS gold stocks. They never apologized either after they tripled their money.

I promised myself never again. So, I remain calm and just slowly scaled in since December 2012.

Emotional outbursts can be cathartic if they only occur once in a blue moon.

PS The night they ripped into me became the bottom the next morning with the XAU dipping below 40 intraday (in the morning) before rallying."