Replies to post #3251 on Banro Corp. fka BAA

[spencaround]

If you pull back and look at each thing as it relates to an algorithm with different levels of good and bad and it affects the PPS in a time table then you will see things more clearly...thats how i approach every stock i trade.
Its more than operations, technicals, news, board members,world events,sectors, insider trades and season... everything has an impact positive or negative and effects the ribbon in my mind....last year was the big hit when they fired simon village out of the blue and then didn't explain it i could see in my minds eye the tube so to speak become dented and break down then gold went down then operational costs were going up and this all before their best earnings seasons and a huge million dollar short interest figure ... finally started to right the ribbon last year.
Thats why monthly weekly charts are so important it includes an overall retrospect but in that setup if you include or rather create another moving average that represents other aspects that are not related to the PPS then you start to see a bigger scope and the bigger picture....


So in retrospect we have a new CEO who is more about the mines and the operations and about reducing costs because he was on the board for years and watched and probably more than once stated we are going in the wrong direction.

So now we have one upgraded mine complete and producing.we have a second mine complete and scheduled to commercial producing operations in the second quarter. We have our best seasons coming up, we have gold rebounding and above our projected price,we have tripled reserves, we had a not so bad rainy season after all, we have costs going down quarter after quarter and there has yet seen a floor for that ...what if costs drop to $700? $600? $500? why can't they? We have more ounces coming out each quarter than the last and finally we have economic situations that are in favor going forward for gold ...so just wait it out and watch...the damage to the ribbon has been repaired and it wants to go up along with the PPS its designed to succeed all stocks are its not natural for them to go down when good things are being implemented.