If Gold Starts a Deep Dive sooooooon......
And the "Deal" is not closed as we are all so sure that it will be soon......
What price will the Banks set as the floor on Banro?
Will it retreat back to 11.5 cents?
How about .10?
Will there soon be a correlation between 1000 gold and .10 Banro?
Where would Gold Bottom?
Is Banro's continued NYSE listing in jeopardy if gold takes down their Asset values?
Is it me, or was that last PR on Production and the articles and setup with the 50dma and 200dma, just a little too good of a setup, allowing traders all to jump in?
Another Whipsaw in order for Banro traders?
How about that last call on the conference call, where they decided it would be cool to let everyone know, they keep about a million extra cash on the ol' balance sheet.
Good thing we have this "Deal" closing now isn't it?
Right?....Right??
I mean even a 1 or 2 month delay in this closing, might be a problem with such a small cash cushion.
Funny how they decided to tell everyone about the ol' million dollar cash cushion.
Honestly, I think you Canadians got a little sloppy on this particular Whipsaw setup.
Hence the 45% cash at .22
Cheers!
