Banro Corp. fka BAA

[Tronicta]

No - I don't think location has much to do with the price of this security. The stock price performed well when they were just an explorer/developer but that $200M mistake cost them a lot of credibility. For the moment, the DRC is a relatively stable democracy whereas Nevsun Resources operates in a north African dictatorship where the current government is quietly committing genocide yet it's PPs/Market cap is healthy (mind you they stopped producing gold in 2013).

I think we should start expecting more of this market and this extremely undervalued equity. As i've said before, being fairly valued as other juniors would bring it to at least Book Value ($~1.30ish).

I think Banro will announce around 52 koz production in Q2.