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StockItOut

09/27/17 11:42 PM

#62495 RE: BAA_Up #62490

That's funny. Sure, interested.
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BAA_Up

09/28/17 12:02 AM

#62496 RE: BAA_Up #62490

What do you think?
Anyone else too?

Income and revenue will be much higher for Q3 and Q4, as Banro is not delivering streaming and forward gold from July through December 2017, so Banro can therefore sell or reserve all its produced gold itself.
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My opinion. Wait. We do not know if it is much higher. We do not know any production numbers. You are right, higher because of the gold price. Per ounce, but how many? Banro can sell or reserve all its produced gold itself,yes,but how much?
In the fourth quarter, Namoya may have a strong impact on total production.
And Twangica's tendency was already declining.
So for me at most can be compensated. It will not look much better
for H2.
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Higher Q3 and Q4 revenue and eps numbers will look good on the books, and may prompt some share buying. In particular, BAA is technically ripe to move higher.
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My opinion

If I am wrong and you are right .....?
So I do not believe that because of short-term improvement the price increases.
With manipulation yes, but under the present circumstances, reasonable people do not invest.
Technically I give you right, but that means nothing.
But maybe I'm totally wrong. Logically not, but perhaps because of the market.