Replies to post #11134 on Banro Corp. fka BAA

[Techamental Logic]

Those 3rd and 4th gold mines are important for BAA to really jump. To me it looks like everything Banro has done has been with a focus on keeping as much of their assets as possible. Even the private buyer deal only parted with gold and not with a mine itself.

That means if there isn't any type of M&A activity it'll be about 18-24 months before BAA starts trading at a multiple to earnings. As soon as we hear that Banro will begin posting profits and can mine their way out of their debt we should see BAA jump back to a more realistic PPS.

BAA could be a three bagger or more by the end of the year from this point.