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Thursday, 08/21/2014 4:24:42 PM

Thursday, August 21, 2014 4:24:42 PM

Post# of 63744
CountingPips.com: "Banro ticks most of the boxes when looking for a winning junior mining stock"

http://countingpips.com/2014/08/miner-spotlight-banro-corp-bounces-20-after-securing-35m-funding/

Rapid Production Growth Profile: The company is expecting 2014 production of 150,000 to 170,000 ounces of gold, which is roughly DOUBLE their 2013 production of 82,500 ounces.

High Grade / Low Cost Projects: Average grade of 2.7g/t Au to 2.9g/t Au for 2014 & 2015, with an all-in sustaining cash cost of just $1,035

Promising Project Pipeline: Multiple exploration targets in the vicinity of both Twangiza and Namoya mines already recognized. Rapid exploration taking place at Lugushwa and Kamituga sites...

Experienced Management: Led by a proven management team with extensive gold and African experience...

Ability to Raise Capital / Institution Ownership: Banro today declared that it has developed a comprehensive financing plan to stabilize the financial condition of the Company and secure the funds required to achieve full production capacity at its Namoya mine...




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