ORIONS Money Stocks

[cannonball]

AF

Regarding BAA with 2 mines they are already on target to produce 225 000 ounces This year . Production is going to increase in each mine
After reviewing a report i saw 2017 not 2016 and to me 400 000 ounces is still conservative number.


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Here's an report about Banro of last year

Banro Corp is a growing mid tier producer. They have an incredible amount of gold (possibly 20 million oz) and production just began in 2011. Thus, this company is going to be growing rapidly over the next 5 years. By 2017 they should have 4 producing mines and 400,000 oz of production.

Also, they have project on top of project to explore (500,000 acres), and the mineralization is 1 to 2 gpt surface mining, which is very low cost in Africa. This company has the potential to a major, with a market cap over $3 billion. I could be wrong that they will reach that lofty valuation, but if gold goes over $2000 and they hit their production target of 500,000 oz, this will be a very valuable company.

Even with 225 000 ounces 2014 production number it should be a 6$ stock by 2016 but we know production will increase dramatically :)