Banro Heading to 2.50 Per share. (This year!)
The move has begun.
It won't be in a straight line.
There will be much volatility along the way.
Just be aware, many posters on here (Rambler, Tech, cough cough) represent insitutions that are still accumulating shares.
If you are smart (like me) you will see through the BS here, and just keep accumulating shares of Banro below a buck.
I was a buyer at .59, .49, .39, .29, .19, .11.
I'm still buying, and adding thousands and thousands of shares of Banro to my position.
I will only sell north of 5.00, unless I'm forced out buy a buy out of some kind.
We all know now, although many posters on here suggested that Banruptcy was a possibility, that Banro was never in any danger.
Banro has been around for decades, and they have 4 mines that they will be ramping up production with over next 2 years.
And remember, the 3rd and 4th mine, are along the new highway they have built, that connects Twangiza and Namoya.
Don't be surprised if mines 3 and 4 are nearly ready to go.
My guess is that they will simply utilize the newly built highway, and truck the ore from these two new properties to the Namoya and TwangizaProduction facilities.
In other words, once Namoya ramps up in the next 3 months, we will suddenly have a Junior that "magically" becomes a mid-major over night.
Then what would you price Banro's shares at? .45? um no. .75 (nope).
Try 8.00 to 10.00 per share.
It's coming people.
And I'm buying more shares tomorrow!!!!
Cheers Banro Longs!
