Stockchase Opinions

John Embry Banro Corp. BAA-T WEAK BUY Jun 13, 2006

Have a large ore body in the Congo. Not as enthusiastic about Congo plays.
$9.950

Stock price when the opinion was issued

precious metals
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Gold. In the development stage in the Democratic Republic of Congo and will prove producing in the 4th quarter of 2011. Moving from a developer tool producer should give them a re-evaluation as they start to generate some cash flows.
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Congo. Likes to manage his risk there. Used to trade at a big discount. Are expanding their mine and are a little tight for cash right now. Will have to refinance it. An interesting asset. Nice looking mine, but they have to raise capital funds.