If this deal suddenly closes with GH in the next week or so, that tells me that GH tried sweetening the deal and it backfired on them. I feel that yesterday's PR came from a position of strength. Notice how they kind of threw GH under the bus, that tells me that Banro is confident and has many other suitors. That coupled with Gold's reluctance to stay below $1200 for very long is also a good sign..
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.