Banro Corp. fka BAA

[baystock1]

Oceana buys Romarco. This is what the lowest cost gold producer in the world looks like:
>>Highlights of the Combined Company
Sector leading low cost gold producer – Estimated to produce approximately 540,000 ounces of gold annually by 2017 at an All-In Sustaining Cost ("AISC") of less than US$600 /oz. <<
http://finance.yahoo.com/news/oceanagold-acquire-romarco-creating-lowest-084000590.html

The Market cap of Oceana gold will be ~20x that of BAA. BAA can organically grow its own production to 500k+. So if you believe that the price of gold won't go below $1000 AND stay below that level for long AND also that the price of gold will be over $1400 by March 2017, when BAA needs to refinance their debt, then BAA is the much more leveraged buy. I am betting on POG recovering sooner rather than later, which is why I am heavily invested in BAA. But BAA is in Congo, has a huge debt and the gold price is still very much in a down trend, hence the very low share price of BAA and HIGH risk/HIGH reward opportunity presented.