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Techamental Logic

06/27/14 4:09 PM

#5145 RE: TexasRambler #5142

I agree with .47 as well. The rest of this contains rough numbers.

When Namoya is online it is probably a .55 to .65 stock at $1,300 gold. Namoya probably adds .02 to .03 to EPS per quarter.

At $1,350 gold it is probably a .70 cent stock. The $50 per ounce adds a litle over a penny in EPS per quarter.

At $1,400 gold is probably a $1.50 stock. Sure BAA's EPS only jumps about a penny per quarter but at $1,400 gold BAA will begin to get a multiplier.

In six months...BAA probably jumps .15-.20 because we'll find out that all-in-cash costs are down $75 to $100 per ounce.

At $1,500 gold BAA could jump to over $4 maybe even $5 as it starts trading at 5 or 6 times earnings.

BAA doesn't go up at the same rate as gold...it accelerates. The farther gold goes up the faster BAA accelerates.

With BAA there is always the wildcard of either being acquired or since it is backed by over $5 TRILLION and has the best relations with the DRC...not to mention leases on what is possibly the best 2,638 square kilometers the Congo has to offer for mining...there is a great chance that Banro will be put into a position of acquiring!

Banro is risky! It is a risk I'm willing to take. I could lose everything. I could also be sitting on a 10, 50 or even a 100 bagger here.
BAA Long & Strong!
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CrazyDonkey

06/27/14 4:24 PM

#5146 RE: TexasRambler #5142

I see it as a value bet, with the bottom a whole lot closer than the eventual top. I have no idea whether it is a $1, $2, $5, or $20 stock - all I know is I'm very comfortable with a good chunk averaged in under 54 cents. I have no timeline other than a one to two year horizon.