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Re: penelopeabril post# 46632

Saturday, 01/23/2016 7:43:13 PM

Saturday, January 23, 2016 7:43:13 PM

Post# of 63744
Been a while since I posted here and it's precisely because I share your feelings about Banro. I have never been more confident holding shares here and, as long as the deal closes as expected this month, nothing will make me release my position until I see much higher prices or absolutely devastating news.

For the financiers to be on-site for months during a relatively poor quarter (due to intense weather) and to have them invest significant capital regardless speaks volumes about Banro. One must look no further than recent financing to determine the value of something - and this is a sizable, and therefore reliable, signal.

An important point to add is that there is not a lack of struggling gold producers for these guys to dump $100M into! The fact that they appear to have legitimately invested in the future here is brilliant and should encourage all longs while striking fear of missing out into anyone still sidelined or worse.

BAA
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