Replies to post #20069 on Banro Corp. fka BAA

[TexasRambler]

Correct. In 2012-2013 for banro to make a profit gold had to be 1500-1800/oz. In 2015 Banro can and is making a profit at 1100-1200 gold.
and I agree the price is about right with a p/e around 20. in three weeks after earnings, which I think will be as high as .07/share, as long as earnings is .03 or higher, the stock price will rise nicely.
while lower gold prices will affect earnings, baa can make a profit on 1000-1100 gold... but it will be nicer at 1300 gold... ;-)