Until the $40 million financing is closed BAA is still very risky and only funds allocated for speculative investments and that you can afford to lose should be invested into BAA. This would mean you already need to be a millionaire right now in order to be able to prudently speculate with the $350K needed to buy 1% of BAA.
While this is my advise to others, I am not saying that I am following it myself :). With eyes wide open, I have invested more than is prudent into Banro. I will continue to dollar cost average small purchases every 2 weeks. But for any bigger purchase I will await for the $40 million financing to first close.
I suppose there are some friends and relatives of the Arab sheiks who own Gold Holdings and who may be privy to inside knowledge of the financing progress and they can be quietly accumulating at these levels if they know it is a done deal. Why should inside trading only be restricted to the London, Baystreet and Wallstreet Banksters ?
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