Replies to post #1574 on Banro Corp. fka BAA

[Short-Hunter]

The downside risk is .03 and the upside potential is 5.00 per share. After this sector taking a beating for the last 18 months this is an easy call.

Every fund manager and retail investor will be looking to take a position in this sector as the new year begins and they see gold in the neighborhood of 1300 to 1500 per oz.

Goldman Sachs upgraded this company for many reasons as their all in costs of just over 1000.00 per oz is one of the lowest in the industry.

BAA is transforming from a junior minor to a mid/major minor producing an estimated 200,000 ounces per year and that's just with two mines in production with two more mines just waiting to to produce MORE gold.

Jesus this could go to 15.00 per share in 2014.