B2Gold Corp T.BTO

Alternate Symbol(s): BTG

Metals & Mining Gold

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

B2Gold Corp

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Comment by nijinsky70on Jan 12, 2012 8:47pm

252 Views

Post# 19399114

RE: On the verge!?

I ran the same chart on the "Globeinvestor" site and I got the exact opposite results. The 50 DMA line is going down and the 200 DMA line is moving up. Just the opposite of your chart. In my very limited knowledge of TA I think that's called a "Death Cross". According to "stock palmistry" that's a big No No. Bad things are gonna happen to the stock (if you believe in such things).

Your chart looks very similar to mine except for the 50 DMA line should be the 200 DMA line and vice versa.

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