Hi stockitout! Go BAA!!!
I appreciate all your kindly answers and interest in my personal statements.
Thank you!
I got mails from the company 3 days ago and had a very long talk via telephone with one member, responsible.
You know about my anger about the PR in the last time.
I got the promise this would become very much better in near future including a presentation for investors, speak PR action.
They want to be sure about Namoyas comm.production and still awaiting 9000 oz p.m. for this mine.
This person has also a lot of shares and is very optimistic.
The Nyse warning has nothing to do with the 1 USD rule, which does not apply on this board where BAA is trading. They only got it because it was trading under 20 cents again. He thinks they won't have any problem above this level. Besides that they are listed in Can., on the Amex there are flexible arrangements and agreements posible.
I offered the company my address, full name, occupation, etc. and a proof of the amount of my shares.
I'm not unknown to them, they know from earlier conversations my big respect for their social foundation and that I'm working in this area too. And that I have half of my money invested for social projects in Latin America and in Kenya.
So, I got some informations about the delay with Namoya, this wasn't the fault of the company, but about that I can't write, have no permission for that.
The only thing to share is that they also had some unexpected difficulties in equipment supplies.
The person told me that she/he knows they promised Namoya too early.
About the Nyse warning they didn't get enough inquiries from investors, to react to the public. They will send a statement about the necessary steps in this matter to interested share-holders by e-mail.
He/She was very kind and spent a lot of time to answer to all my concerns.
For me the exactly time to get the good news isn't important.
Like them, I have to calculate with delays, which always can happen. Weather or broken Equipment, etc.....!?
They have no political stress or problems with unions. I'm allowed to say this.
One more thing, they don't think that their shares are more manipulated like others. It depends on the current gold price and uncertainty of investors in this times.
They think further a share price of one USD is realistic in the middle term if gold will get a little rebound and Namoya is completed.
I bought today at 20, one cent under my average price. I don't care if it dives to 16 or 17 cents again, it would make me really happy.
You should know, I like it to touch the falling knife.
Have done it with the Aussie several times, though getting the warnings not to do so, but my margin account keeps growing. Sometimes a little headache, but with patience I got what I planned.
I think it will happen with BAA the same way.
I'm an investor and not a trader in this case!!
If we sell the whole time with a little profit, how can a company exist and maintain a good reputation?
We all are responsible.
The share price represents a company.
I explained that in a message before, but nobody wants to hear about this, most of them prefer to make a quick buck.
You cut your own flesh.
So, Stockitout this was my last message on this board and I say good buy.
Good luck to you for all your decisions!
And thanks again for responding and your answers to my posts!
Regards G.
Again, I see my investment in good hands, more than ever.
LONG BAA
AI
