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goldismoney1

02/13/16 12:53 PM

#47895 RE: baystock1 #47892

The one area of risk i don't think alot of us here take into account is the political risk. I believe they have elections coming in November and the president has reached his term limits, however their are rumors he will try and stay another term (correct me if I am wrong), which who knows what would happen at that point. That is pretty scary and not far off into the future.

With that said, I believe the only other significant risk is the POG which all other miners have to deal with also.

With gold at $1,200 or above I believe Banro will soon be recognized as STUPIDLY UNDERVALUED, but it may take until 1st qtr production comes out/ or if they give guidance for this year sooner.

It seems we are lagging behind some other miners from the most recent lows in terms of % gains and I think it just makes people (especially me) feel like their money could be producing better returns elsewhere, but for myself when I have cash to invest and I compare Banro to other miners I always seem to end up wanting to own more Banro. We will see what happens, very exciting.