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Re: JohnCM post# 16452

Saturday, 01/10/2015 6:46:27 PM

Saturday, January 10, 2015 6:46:27 PM

Post# of 63744
>>High mining cost companies become more attractive when the price of gold increases.<<

This is only relevant when the high cost mining company has declined much more than the low cost mining company. In our case the 3 year weekly chart shows that Banro share price has declined 90% relative to GSS over the last 3 years but has only recovered modestly since the bottom in last August/September. So I think Banro has much more upside relative to GSS:
http://stockcharts.com/freecharts/gallery.html?BAA:gss

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