Replies to post #321803 on ORIONS Money Stocks

[oldberkeley]

Tell me about it...me too.

[vlispxpert]

it's my worst too...but at same time, Gramercy is largest holder of shares in both US & Canada market...Could be interesting future for Banro

[SwingKing]

No one is right all the time but in this case I'm not so sure you were wrong. I'm not much of a conspiracy theorist but it sure looks like this was sold down to force as many retail holders out as possible before they found $120M to put the mine into full commercial operation and vastly improve their financial situation.

With all that being said I'm not going to let what happened before stop me from making money now.

These financing transactions, together with the announced management changes, are part of a comprehensive plan to position Banro to deliver value to all stakeholders as it completes its transition from an exploration and development company to an operating company."

Banro Announces Financing Plan and Certain Senior Management Changes