Replies to post #51629 on Banro Corp. fka BAA

[nagoya1]

Providing that the accountant doesn't work for the CRIMEX, I'd be interested to see the updated book value.
I forgot, don't include any former FED members as well...

I'M tired of hearing from Yellen that "everything is awesome".

GO BAA

[Tronicta]

I agree it doesn't work like that. I had to let the pumper in me out just for a small play on the park though...

[trunkmonk]

care to share how you calculated the price to be above book value with all the debt they have into 2017?
I realize the higher the number the farther away from reality it becomes, but your estimate is not beyond reason, just want to know why with such a company. other buy out claims are outrageous considering no one buys out a company with debt unless they want to take it down and steal it, which is why I dont put a dime more into it until I know thats not the plan.

[braised007]

This should help:

http://www.cipherresearch.com/reports/150601_The-Real-Value-of-Gold-in-the-Ground.pdf