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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

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Post by Goldenpouon Apr 02, 2024 1:56pm
113 Views
Post# 35965667

Reserve value could change

Reserve value could changeThis is great because now the gold reserves, inventory and equipment at fire sale prices are worth more for gold mines stocks than the current value of the the stock.In other words delisting could be profitable. There is an accounting message there for CFOs wishing to expand since building mines are many billions and 5-10 years to build. Now the mines are already built on top of the reserves.
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