Please Note: Blog posts are not selected, edited or screened by Seeking Alpha editors.

Experience matters when going from a Junior to a Major miner

|Includes:ABX, AEM, AG, AU, AUY, Banro Corporation (BAA), BHP, BTUUQ, CDE, COPX, CU, FCX, GG, GLD, GOLD, HL, KOL, LIT, LLEN, MEE, NEM, PAAS, PALL, PCXCQ, PPP, PUDA, REMX, RIO, SCCO, SCOK, SIL, SIVR, SLV, SLW, SSRI, WLT

So when Banro (NYSEMKT:BAA) announced that Dr. Peter Ruxton, who spent 11 years of his 15-year mining career with BHP Billiton (NYSE: BHP), had been appointed to its board. It sent alarm bells to mutual funds and such to start taking Banro a lot more seriously as an investment.

Dr. Ruxton's experience with BHP Billiton (NYSE: BHP) is a major positive for Banro to get over the hump and to limit any growing pains in the transformation from a small-cap explorer into major gold mining company.