Banro Corp. fka BAA

[Congo Mining]

Why it's all about margin.

Hi Tex.

Check it out.
http://www.finviz.com/futures_charts.ashx?t=GC&p=m1

This is why it's about low cost production and margin.

Look at the cup in spot gold from 1995 to 2005.

Granted we're at a new sustainable level at 1200
but i think it might last a half decade.

I've got lots of other gold stocks besides BAA so I'm on board generally.
But I'm just saying...look at the history.

Gold can base for a decade before the next up move.
I wouldn't sit around and wait for gold to move could be a long time waiting.

But BAA will drive down costs Q over Q till they reach $350/oz at both mines.