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Re: Stockrocketer post# 37828

Friday, 08/07/2015 3:15:46 AM

Friday, August 07, 2015 3:15:46 AM

Post# of 63744
Thank you Stockrocketer for your detailed response. I would agree with you that Banro is the better buy than EDVMF due to the larger resource base in the ground which can lead to organic growth in production. EDVMF's production growth has come thru 3 acquisitions to date. Also Banro has lower ASIC, lower tax rate and owns 100% of the mine.

But due to my having 90+% of my stock portfolio in Banro, I keep looking for another gold producer that is a better value so as to be able to diversify. I have been owning Banro for 1 year now and so far have not had any luck in finding another miner that is as undervalued.

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