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B2Gold Corp T.BTO

Alternate Symbol(s):  BTG

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 Goldenpouon Jan 24, 2024 1:23pm
191 Views
Post# 35843326

RE:BTO’d…

RE:BTO’d…This is interesting but the share price will fall because again please understand ---- that it is now the same sellers selling to themselves, the sellers are also the buyers, they can in theory do this until $2-3 because then other algos are programmed to buy  at below a  super low takeover price, or 7% dividends, or whatever else triggers a ridiculous price. Not there yet it seems becuae there are no real buyers rights- those 6 million shares sold tody re not small investors, its algos feeding themselves. Dont forget: 90% , not 40%, its 90% and more of trades that are algo trades and they keep selling and buying among themselves until they reach their secret floor. Its just computers programmed for extremes and this is not trading but AI feeding on tiny retruns a million times  until takeovers and then the algos close their activity in one nano second. Think of that.Then you get the 10% increases in one day.
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