Banro Corp. fka BAA

[baystock1]

Interesting post on BAA from another site by a respected poster with a following:
http://rambus1forum.com/wp-content/uploads/2016/01/baa.png
whats hot
-> Posted by Spock @ 6:58 am on January 3, 2016 5 Comments on whats hot

there is a lot of cheap stuff out there. most of it will get cheaper. some of it can be bought now.

this week i am buying back into Richmont Mines (RIC.TO) for a 5% position. The other current positions are as shown, and were purchased last week. I am going to add as and when a buy signal is generated and/or an outstanding candidate is identified.

Whats hot: Banro (BAA or BAA.TO) and Integra (ICG.V). Banro has cut a deal last week with the Chinese in order to realize their extensive resource bank. Currently, the market values their gold resources at about $3 per oz. They have a second mine ramping up and expect positive news this month, regards their second mine reaching steady state commercial operation. Although it has debt on the balance sheet, the Chinese have effectively underwritten the company future. Banro wants to mean revert on the chart and I expect it to get re-rated over coming weeks. I will go on a limb and say its bottomed and in stage 1 basing now.

Integra is now entering a stage 2 uptrend. This is the stock you just have to own. The numbers are compelling. Its an agressive gold development company, sitting on a potential company maker deposit, in elephant country…where you find elephants. The Abitibi greenstone belt in Quebec called “valley of Gold”. It has that name for a reason. Based on current resources, and their fully operational and owned mill, which they acquired for $8 million, and its worth $100 million, the internal rate of return for the mine should be about 77%. Thats based on the current resources, but they have 7 drill rigs on site and will expand this to 10 early next year. Eldorado and Sprott are shareholders.

Here is the current table and positions. The theme is juniors. Not seniors. Stay away from the ETFs. Most of the companies in GDX and many in the GDXJ are zombies or just dogs, like Barrick. Own individual companies of outstanding potential. That is where the big bucks can be made. The theme is also stage 1 and stage 2 companies. Stay away from the stage 4 stuff, as they are still in bear markets. All the ones I have bought are stage 1 and stage 2 as you can see.

Second theme: Forget about what the gold and silver prices are doing. There is so much value now in some of these companies, the metal price is almost irrelevant.