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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 Maxmoeon Apr 21, 2024 2:07pm
51 Views
Post# 36000284

RE:RE:3.48 ?

RE:RE:3.48 ?

I seriously doubt anyone has the cajones to be short right now. The thought of unlimited losses offset by limited upside keeps it real. Most likely the bashers, which I just put on ignore anyway, are far more likely to be trying to buy stock as cheaply as possible and maybe even working for strategic buyers. Just look at the near the money put option premiums. Peanuts. Compare it to Djt put option premiums. YUGE! The market is betting YUGE that Djt will drop more than 50%. Not BTO. 

eg. BTO June $4 put is about 50 cents. And that's 41 cents in the money. Small premium. No sell conviction
now look at Djt. Stock is about $36. So you can compare by multiplying everything by 10x. 

a June 40 put , I can't see the recent quote, but when I checked into buying it on Friday, the put was priced OVER $20 !! That means breakeven doesn't happen until the stock is trading under $20 ! That's like BTO puts priced at $2 and a breakeven on the stock of $2. Not even close ! I'm buying BTO with my capital, not shorting , or worse, buying puts, on Djt. The premium is just too YUGE !  Good luck!

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