Replies to post #46896 on Banro Corp. fka BAA

[goldismoney1]

I agree with all of what you said. I think the most important share price driver at this point is price of gold. One killed in the DRC is not unusual, it's a dangerous place. Just look at this past weeks action. Come on baby- lets get pog over $1,135.

[bullforever]

If you read the BAA 21012 article carefully and have experience in underdeveloped country, you would think my conjecture actually a logical inference.

Now I paste some phrases from BAA 2012 article here:

http://business-humanrights.org/sites/default/files/media/documents/company_responses/banro-response-re-namoya-drcongo-24-sep-2012.pdf

humanrights.org says:

"On September 15, 2012, Radio Okapi reported a disturbance involving artisanal miners and
community members at Salamabila. The Radio Okapi brief report contains several critical errors.
Contrary to the report by RO, the events at Salamabila unfolded as follows, according to those on
site at the time of the disturbance".

"On the night of 14th September the house of a local official and that of the President of the artisanal
miners was stoned by unknown persons, as were some Banro contractor haulage vehicles.
On the morning of 15th September some 200 persons staged a demonstration at the Namoya Camp
where Banro operates office and residential facilities. At one point, the National Police detachment
on duty fired warning shots in the air to prevent the group of protesters from entering the Camp. It
can unequivocally be stated by Banro that no one was shot during a short interaction between the
police and the protesters. It was also not obvious to witnesses that the demonstrator group
contained artisanal miners. It appears that the group was motivated by sources outside the
community.
From reports gleaned by the Namoya Project from the National Police and Namoya employees, the
group subsequently moved off in the direction of Kimbaseke village 8km distant, where the office
building of the Banro Foundation (which works in cooperation with the local community, funds and
oversees community-based social projects and programs), the home of a Foundation official and the
homes of four Namoya Project employees from the community were set alight by members of the
protester group. There were no injuries to the individuals who were targeted. These individuals have
subsequently laid complaints with the National Police and have directed a joint formal petition to
the provincial Governor, complaining of the actions carried out against them by the protestors. It is
understood that the National Police headquarters in Kimbaseke was also threatened by protesters
before the Police dispersed the group of demonstrators. The Police action did apparently involve the
firing of warning shots.  The group threatened to burn the home of a local official, but after stoning it
moved on.
The Namoya Project has attempted to ascertain from local authorities whether there could have
been injuries to protesters during this segment of activity, but have been unable obtain any
response other than that no persons were injured as a result of Police action at the mine
construction site during the spell of community violence. There has been no complaint to Banro of
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such injuries, or any blame directed at Banro. Banro will continue to attempt to gain conclusive
information one way or the other."

From above, we can conclude that:

1, Radio Okapi made false reports in 2012, and this time the report is coming from Radio Okapi only again.

2, the protesters are people who were set alight or stoning on houses or trucks.

3, local people and police are threatened by the protesters.

4, The protesters are not artisanal miners and from outside of the Namoya community.

Do you still think they are for human right? Yes they are devastating human right!