Replies to post #8354 on Banro Corp. fka BAA

[Maliszewski20]

Professional Basher? Lol I'm a full time manager and part time trader. First post on this board. Glad I didn't dip in. This run was short lived. All sells now

[straitneom]

$BAA This has a LARGE Instl. owners %. Only expect green days

John Clarke, Chief Executive Officer of Banro, stated "We are pleased to be able to reaffirm the guidance on our production that we provided in early July. Once both mines are stabilized, we expect annual gold production from both Twangiza and Namoya to total 200,000 to 220,000 ounces. At this production level we expect cash costs in the range of US$725 to US$825 per ounce and all-in sustaining costs of US$875 to US$975 per ounce."