Replies to post #41835 on Banro Corp. fka BAA

[StockItOut]

Re-assess at 40.

I would like to simply invest and give Banro time to grow, yet the bottom is still working its way through, which is not a place of being settled.

Your $2-3 is more in line with a healthy investment reward, but too, and as boston and others have pointed out, Banro will need cash to explore and increase production. Unless gold moves up, this will unlikely occur without first either dilution, or more forward selling, or co-company agreements, or sales of company, etc.

Yet, gold seems really ready for a trend change.

I have 15s (biggest buys), 16s, 17s, 19s, 22, 25. I think some in between too.

Core position, plus trade make sense to me.

Assess as there is change. Maintain vision.

BAAsta!