Replies to post #1242 on Banro Corp. fka BAA

[investorwisdom]

Now I fully understand why you are here bashing Banro day after day, your trying to make a sale of THM who has super low grade gold, and is unprofitable with Gold at $1500 oz,There is no chance for THM. Read the pre-feasibility they produced. NO chance whatsoever. Needs over a billion investment and they even say it themselfs can't make any money with Gold @ $1500.

Banro however has breakeven at $1100 Gold and has decreasing cost, and increasing productivity lowering the level next year, Oh and did I say Banro is profitbale with Twangiza up and running a high grade easy to mine open pit, and Namoya with even higher grade coming online next month.

Sorry no comparison JD you can't pull the wool over our eyes, we are Banro Strong!

[SilverRay]

That buyout would surely make my day :) THM is however a very large deposit, and when gold goes back above 1500, they become profitable. By the time they're near production, gold will probably be $2000+. Someone ranked THM deposits to be in the top 2% untapped world gold deposits.