and the institutions went wild and oversold anything related to gold. They fully ignored all the macro news about banro going foward. Then the game changed with that horrible jobs number the other day. Tapering is not going to happen at all this year and probably not next year in fact they may need to add to QE to fight the euro now. All that is just being factored in and there sat Banro at .59 unloved and unwanted but what had changed in their story? Nothing but improvement. Doubled Twangiza production from projections from last year of the same quarter to a commercial level the very next month after the new grinders were installed. Banro had already positioned itself operationally to return to Gold going below a $1000 a share and now ...its not but banro has morphed already and going in the direction they intended now... the macro story is outstanding...look at the pps in a week and see it over a buck and growing. When this stock gets near its Enterprise value then we can take some off the table but not until then...there is no reason too.
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