I disagree with you...the namoya deal at this point would be a spectacular sign of confidence for Banro...Namoya development has many problems to solve and the company needs money...Gold holding would pay 81 millions now,plus 300 dollars per ounce ...Considering 100000 ounces of gold from Namoya for them,GH would pay more than twangiza deal...
Higher trade of the day at 16:01..
16:01:00 Z 0.1349 -0.0003 19,375
15:56:26 Z 0.1292 -0.006 100
15:55:55 Z 0.1292 -0.006 100
15:55:03 Z 0.13 -0.0052 100
15:54:44 Z 0.1292 -0.006 200
...For the short term i think good news from Dubai can reverse the stock movement very rapidly...however another very negative session today...
EPS $0,10 are 25 millions..Too high expectations....The very good news in production cost can bring Eps $0,02-0,03.. huge numbers for a stock traded @0,13...oil down more than 40% in the third quarter with gold price unchanged...
- 10 %.. with silver -0,75% ...Bought more...Maybe one day will outperform in the upside...
...The 40 millions Twangiza deal closed in late november,waiting for the payment news...Namoya 80
milions deal expected within this month...
Other mexican producers with worst financial releases in the last quarter are up 9%...Excluding negative news, it will outperform tomorrow...
...120 millons to buy 40000 ounces in 4 years from twangiza and 10%production of namoya....120 millions are almost $0,5 shares.....
...With 40 millions shares outstanding banro traded for around 400 millions in market cap... it was an
exploration company..Now with pratically 2 build mines and low production cost,trade around at 40 millions...
Board of Directors
Sheikh Sultan Bin Khalifa Bin Sultan Al Nehayan
Chairman of the Board
Sheikh Sultan, is a member of the Abu Dhabi Ruling Family. Educated in the UK, he attended Sherborne School and also graduated in Business Administration at Exeter University. Sheikh Sultan is also a successful businessman with a considerable number of private business enterprises across a variety of sectors throughout the Gulf and Asia.
With significant expertise in leadership and strategy, Sheikh Sultan established Gold AE Abu Dhabi, QGold and Saudi Gold Exchange and oversaw the acquisition of South American mining operations which has lead to his appointment as chairman of Gold Holding.
Leadership skills have been successfully applied into the realms of sport being appointed as President of Asian Chess Federation, having overseen a significant increase in participation and quality throughout the continent.
Sheikh Malek Hmoud Faisal Malek Al Sabah
Vice Chairman of the Board
Sheikh Malek Hmoud Faisal Malek Al Sabah is a member of the ruling family in Kuwait.
Graduated in Business Law from the United States, Sheikh Malek is also a successful businessman with a considerable number of private business enterprises across a variety of sectors, with a main focus on Real Estate and Energy in Kuwait and the Kingdom of Saudi Arabia.
How We Work?
Our reputation as a company in the precious metals market rests upon one thing and one thing alone: our honesty.
At Gold Holding, we believe that complete transparency and openness in everything we do is a prerequisite to trading. By being transparent, we do not just say we are honest: we actively prove it through how we operate.
What this means in practice is that there will be a fixed process you will go through when you deal with us either as a buyer, a seller or an investor.
We have a three-part pledge that we insist is the standard to which we must be held:
We pledge that we will not invest in companies that have anything less than an impeccable record
We pledge that you will be informed from the outset and at every stage of the full information you need to make the right business decisions
We pledge that we will always operate on the highest ethical and moral standards
At Gold Holding, we insist on the highest levels of trust and confidentiality; the highest levels of openness and transparency and the highest levels of ethical behaviour.
This is why at Gold Holding, we are known for holding to our values. You can hold us to these values, too.
2017 like 2014? is it an error?
Based on the existing gold streams and royalties, production for 2014 is forecasted to be between 40,000 to 50,000 Attributable Gold Equivalent ounces. The Company is forecasting Attributable Gold Equivalent production of approximately 45,000 ounces per annum in 2017.