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baystock1

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baystock1

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Re: Flycanuck post# 60681

Saturday, 05/27/2017 4:03:30 PM

Saturday, May 27, 2017 4:03:30 PM

Post# of 63744
Yeah 80 cents ( 8 cents before the R/S) is tempting entry price for Banro, but still not low enough for me to pull the trigger considering the risks of DRC and their high debt/poor balance sheet.

I am currently all in with Comstock Mining (LODE) which is also very undervalued. For now I will stick with them as their mining asset is in Nevada which is a much less risky jurisdiction. Also they have very little debt compared to Banro. When I compare LODE's $32 million market cap to Banro's $85 million, I don't yet feel compelled to sell LODE to buy Banro.
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