BANRO Corp (BAA)
The Company is a Canadian-based gold exploration company focused on the exploration and development of gold projects.
Recs
Mostly due to everyone else saying it will outperform in the short term - although short term investing is so fickle, I believe that there is sufficient data to give this an outperform rating.
Recs
This is another pick that I wish that I had made on 3/10, but it is still a solid pick to outperform in the long haul IMHO. A lot of the top members of CAPS are very bullish on gold, these are smart people they have to have good reasons. One reason is that Gold stocks are a hedge against inflation, in a time of record national debit, and at $1.66 per share this is one penny stock that is a gold mine in the works. Pun intended...
Recs
there's gold in them there hills. this is a speculative buy at taround $1.50 but could pay off 20X eventually.
Recs
I see a lot of upside for Banro considering the confluence of several factors. The potential value of their holdings in the DRC is well known, and the improved political situation in the Congo seems to be holding up. The main obstacle to production now seems to be the lack of infrastructure. If gold holds steady above about $600/oz for the next couple of years, then this should be a good investment by the time the gold starts flowing in 2011. I waited for some of the air to come out of the metals market before I made this play, which finally happened over the last couple of weeks. Continued uncertainty in world economies will keep gold prices strong for a few years, and dropping oil prices (mark my words) will help Banro and other investors build infrastructure in the DRC. Best case short term would be a high buyout offer by a larger producer based on those great reserves, but I think Banro's excellent local-based operations are going to be much better suited to the challenges of the congo political situation. This stock is dirt cheap right now.
Recs
I always like gold and silver stocks (ever since I figured out the long-term effect of US fiscal policy on gold and silver prices, anyway), and this one is 26% more attractive all of a sudden. I don't know why it's down 26%, but it's worth a shot.
Recs
I had picked this stock for myself almost two years ago, when it was doing nothing. Hopefully, if its holdings in the Congo start picking up, it may do well. Besides, it's GOLD.
Recs
Gold and silver have taken a sudden drop during the past week. Many speculators are panicing and claiming that this is the end of the "commodity bubble". I don't think so. If you look at the fundamental reason behind the last 6 months rise in precious metals, you have to ask yourself....has anything changed? I don't think so. The Fed continues to pump liquidity into the market, the interest rate continues to decline, inflation continues to increase and the dollar continues to fall. That being said....if due to demand decreases oil drops sharply from here...there is a possibility that precious metals will follow. Precious metals will experience quite a bit of volatility and the gyrations may be tough to handle but I think due to the fundamentals that I mentioned above that a year from now precious metals will be much higher.
Recs
This is basically a bet we are in a gold bubble.
Recs
Bush has totally screwed up the American and world economies. Hard assets in the long run are the only values that will survive his ineptness and will decline in relative value along with everything else. Remember his dream that every American have a house to call home? Now every American may face the strong possibility of a foreclosure and his or her savings being wiped out in bank and brokerage failures. To begin it all, he encouraged ARM's and tied the interest rates to the LIBOR rate which the federal reserve cannot even control and which operated in a higher interest ratge environment. Then the federal reserve for many months raised it funds rate and added to the acceleration of interest rate increases. The purchasers were suckers. Then start a war needing increased borrowing by the government and guaranteed to accelerate world oil prices, which benefitted Bush's friends enormously to the extent that even temporary oil oversupply does not even reduce the price for fuel. Watch the dollar fall, picking the pocket of all Americans not having savings in foreign denominated savings. Then make the bankruptcy process much harsher, to squeeze the last penny out of destitute borrowers. This, my friends, is the Bush economic miracle at work. The American bubble has burst.
Recs
Now that the Chinese stock market is in tune again with other bourses of the world and is going down, oil and gold will not be able to move any higher.
Recs
Mmm...gold...
Recs
They bounce to much, but when the gold start seeng day light this will be the stock to own. Good luck all!
Recs
The co. is on a solid exploration & development program. I have concerns over thhe cost of recovery and infrastructure. The geopolitical situation is also of concern.
Recs
multiple Presious metals contracts awarded in the Congo.
Recs
5-star $491 million market cap on 11/25/06.
Canadian company exploring for gold in Africa.
5STARsmallCAPS picks five star stocks with the smallest market caps.

RSS Headlines
Fool UK
- Show Me:
-
Outperform
-
Underperform
-
All
- Sort by:
-
Author
-
Recs
-
Date
-
Member Rating
-
Results 1 - 15 of 15