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B2Gold Corp BTG


Primary Symbol: T.BTO

B2Gold Corp. is a Canada-based gold producer. The Company has three operating mines, which include the Fekola Mine in Mali, the Masbate Mine in the Philippines, the Otjikoto Mine in Namibia. The Fekola Mine is located in southwest Mali, on the border between Mali and Senegal, approximately 500 kilometers due west of the capital city, Bamako. The Masbate Mine is located approximately 360 kilometers southeast of Manila. The Otjikoto Mine is located in the north-central part of Namibia, approximately 300 kilometers north of Windhoek and is a gold producer. In addition, the Company has an exploration and development projects in various countries, including Canada, Mali, Finland and Uzbekistan. The Company also has an interest in Back River Gold District that is located in Nunavut, Canada. The Back River Gold District consists of approximately five mineral claims blocks along an 80-kilometer belt. It is also engaged in operating Goose Project, which is located in Nunavut, Canada.


TSX:BTO - Post by User

Comment by Maxmoeon Apr 22, 2024 8:51am
61 Views
Post# 36001001

RE:RE:RE:RE:3.48 ?

RE:RE:RE:RE:3.48 ?Yup. I'm that old too. That's one of the reasons BTO bought sbb. Having 100% in any country below tier 1, is just way too risky. Could BTO lose Mali? It could. That's in the stock price already. Will it be stolen for nothing and forever? Doubtful. Look how far Venezuela has fallen by stealing assets and kicking out foreigners. And it is/was a country with much natural wealth. From tier1/tier2 to the bottom of a third world disaster. Mali isnt that much better than 3rd world to start with. An economic collapse wouldn't take much and the social political reaction would be near instant and severe. So I'm a little more optimistic for mali than Venezuela. Most if not all African leaders have learned the hard way from history not to shoot themselves in the foot by extreme nationalist economic policy. Even Panama is slowly figuring out what a mistake they've made with first quantum. It's not just the country's largest source of gdp, shutting it down shuts off all foreign capital for everything. Not just gigantic copper mines. I wouldn't  buy a condo in Panama if it was a quarter the price of Costa Rica. Same will happen to Mali and not even local African capital will be attracted to Mali for any project, mining or not. Rebels may be tempted to welcome Russian "advisors" to seize power but they always figure out, once they takeover, they are worse pillagers and plunderers than any schmucks from Canada. And they are much harder to get rid of. 
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