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Replies to post #41708 on Banro Corp. fka BAA

Replies to #41708 on Banro Corp. fka BAA
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StockItOut

10/03/15 7:49 PM

#41709 RE: Congo Mining #41708

In a sense it is dilution, in that effectively another entity has ownership of a percentage of the production, which effectively again, is the company. Whether share dilution or profit dilution... there is in fact a finite amount of ore and gold to extract each month, and quarter and year.
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StockItOut

10/04/15 6:33 AM

#41719 RE: Congo Mining #41708

Yes. True.
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Libertarian74

10/04/15 1:25 PM

#41725 RE: Congo Mining #41708

Not too shabby at all! And someone made a good point earlier this week about fact that any bank will always give their business customer leaway they judge that the company is moving in the right direction. Well clearly BAA is moving in the right direction with the successful commercialisation of its second mine. Also, with regards to this hysteria over the SP, didn't Martin Jones say that the threshold is something like 0.20? Over the next 6 months? Hardly a mountain to climb there! Storm in a teacup. This does not concern me in the least. In fact its a positive thing because it will focus management minds.