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Re: kid biscuit post# 18375

Thursday, 02/26/2015 2:37:31 AM

Thursday, February 26, 2015 2:37:31 AM

Post# of 63744
Its not being handled properly, we as investors are not being properly informed of the hedging or streaming deals that Banro has already entered into, but the financiers have full knowledge, and they are using that to manipulate the price and rig the system. As if that was not bad enough Naomi shows no enthusiasm and passes the blame on operations, they are not painting the picture I would hope to see, but considering my position here, my hands are tied, I can only hope the price of Gold goes up. I wonder If Banro has more hedging contracts than they previously mentioned earlier, or entered into alternatives with less favorable terms because of the batched Gold Holdings deal. If Naomi says the price of Gold is not that important, I'm really surprised, because only a percentage of forward output was supposed to be hedged.

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