Banro Corp. fka BAA

[braised007]

Yeah - obviously the higher that number the better. That being said we are seeing mutual fund groups selling. They generally don't really hold distressed securities in their funds. They could very well be pulling out and waiting for Banro to get their act together. For them, missing out on a 100-200% rally from these levels ($0.15ish) isn't a big deal when you could get back in at $0.40ish with an improved balance sheet and 2 mines at full production - then catch the 100-1000% rally from there.

The selling by them has picked up with the delay in Twangiza forward sale agreement and no news on Namoya streaming agreement. Im certain the ownership number would be hanging in the rafters if those deals would have closed in October/November as originally planned.