InvestorsHub Logo
Followers 4
Posts 32
Boards Moderated 0
Alias Born 06/14/2015

Re: Stockrocketer post# 40872

Saturday, 09/19/2015 9:31:48 AM

Saturday, September 19, 2015 9:31:48 AM

Post# of 63744
Don't fret my friend with all these negative postings. The company is getting stronger by the month.From what I understand Namoya is finally breaking even. Bottom line, closing the financing late April did not help. Parts and equipment ordered in May have only started to arrive over the past few months. Stacking has increased and higher grade ore is being processed. I think Namoya will announce commercial production in October with its first profitable month. Don't forget that Twangiza produced a IBITDA profit of $ 36 Million for six months or $ 72 Million annually. This mine is running on all cylinders. Namoya will surely follow. No matter what yardstick you use, this stock is extremely cheap. The news late yesterday only adds more value.

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.