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B2Gold Corp T.BTO

Alternate Symbol(s):  BTG

B2Gold Corp. is an international gold producer. The Company has operating gold mines in Mali, Namibia and the Philippines, the Goose Project under construction in northern Canada, and numerous development and exploration projects in various countries, including Mali, Colombia, and Finland. 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. The Company also owns the Gramalote Project in Colombia. It also has an interest in the Back River Gold District, which is located in Nunavut, Canada. The Back River Gold District consists of approximately five mineral claims blocks along an 80-kilometer belt. It is engaged in operating Goose Project, which is located in Nunavut, Canada.


TSX:BTO - Post by User

Bullboard Posts
Comment by theguru1on Oct 26, 2009 7:55pm
243 Views
Post# 16425604

RE: RE: RE: RE: RE: B2Gold continues....

RE: RE: RE: RE: RE: B2Gold continues....Your right. The cost per ounce of gold produced is too high in my opinion. I wasn't comparing it to any other company but to the price of gold itself.  Once more production comes on line I will again state my opinion as to weather there cost are too high based on the price to produce an ounce of gold and the profit it achieves selling it. I really don't care what Barricks or any other companies profit is per ounce.  This company has an excellent chance to show the market they can achieve there set out goals for the year hopefully with little disruption. It's there guidance and if they have the experience they know to underestimate there guidance and out perform it to obtain a higher stock price. The market loves a company that hits its targets and will punish the ones full of excuses that miss them.  Lets hope the news that comes out in the next few weeks is positive and progress is on target.
Bullboard Posts