Replies to post #33702 on Banro Corp. fka BAA

[Tronicta]

You read my mind! I was just about to post my hope, expectation and excitement that GDXJ will probably start adding next Quarter!

[~ Blue ~]

BAA~ I believe institutions have been accumulating shares since the company got 90 million dollars NON-DILUTIVE financing on April 30, 2015. Then great Q1 record production and net profit news out on May 14, 2015
Institutions liked 6.78 million dollars net profit and 3 cents Earning per share news way surpassed the expectation.
Remember We got over 12.9 million dollars share volume on May 14, 2015.
Since April 30, 2015 about 100 million shares traded. I don't believe all were retailers volume. Share price increased between 60% and 90%

link for historical prices.

https://www.google.ca/finance/historical?q=NYSEMKT%3ABAA&hl=en&gl=ca&ei=i_6DVdGvH8ugjAH09YC4Dw&start=0&num=30

Especially Institutions like 581 dollars all-in sustaining cost. Banro is the lowest cost gold mine in the industry. (If anyone found lower than Banro's all-in sustaining cost company please let us to know)
Also if you take a look at the chart since the beginning of this year you will realize the huge accumulation line. I don't believe 100 million share volume were taken by retailers. I believe they have been shaken many retailers before full production of Namoya news, institutions like to exhausts non-patience retailers to get their shares. BAA's trading clearly shows that ESPECIALLY GOLD WAS 20 DOLLARS UP YESTERDAY BAA CLOSED RED LOL:, nice game institutions)

Since the beginning of this year we have gotten very good news plus we are expecting great news ..
AND INSIDERS BUYING SHARES IN JANUARY, FEBRUARY NOW IN JUNE.. SHOWS that, YOU MUST LOAD AND LOCK YOUR SHARES FOR MULTI-DOLLARS.

BTW you made a great dd, Thanks Team.