Replies to post #47131 on Banro Corp. fka BAA

[jt6455]

I hear ya but the FED needs Americans in Real Estate Western equities and Treasuries. BAA

[Libertarian74]

Banro has discovered 12 MILLION OZ so far and only drilled around 12% of their land. For such a company to be trading as 0.20 is the very definition of insanity. But what a gift. Folks do you realize we are likely sitting on around 100 MILLION OZ OF GOLD! I am guessing this is more than Barrick has. Wow. In March 2010 PDAC Banro said they could produce 700,000 oz annually with 4 mines. I still think this will happen, it just got delayed. By 2020 I believe we will be at that level. And who knows how much more gold they will find in the meantime thanks to this extra funding we are getting. Yes, there is simply no other gold miner with this kind of gigantic potential