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Bullboard - Stock Discussion Forum 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... see more

TSX:BTO - Post Discussion

B2Gold Corp > excellent day
View:
Post by Aurum1983 on Oct 22, 2021 10:55am

excellent day

to book some profit...I just did...
Comment by alvarez2 on Oct 22, 2021 11:13am
I'll be waiting to book some profit when we are at least trading at a 10x multiple.
Comment by Aurum1983 on Oct 22, 2021 11:23am
sure. suit yourself. That may be a long wait. We are at MA200day and RSI is over 80. I took 70% profit but will buy back when we backtest the 50% fib. I am long as all of you well know. But it is what it is. Time to take profit. Most hedge funds will be happy to take a 2% profit on any given play. I am taking a 21.7% profit here. Be realistic is all I'm saying.
Comment by Aurum1983 on Nov 04, 2021 9:04am
Don't want to say I told you so...but I told you so. B2 is showing a lot of strength as it backtested the 50% fib and the RSI did not drop below 50. We also did not close below $5.05. We are going up from here...
Comment by alvarez2 on Nov 04, 2021 9:12am
Told us so ? You sold off 70%. Would have been better off to hold.....no ?
Comment by alvarez2 on Nov 04, 2021 9:15am
........and not sure what you consider a long wait. Not long in my books however long is a very relative term in suppose.
Comment by Aurum1983 on Nov 04, 2021 9:23am
I bought back at $5.05. how long is hard to tell...
Comment by alvarez2 on Nov 04, 2021 9:28am
If I can double my investment over 12 to 24 months, I'm a happy camper . It's paying a decent dividend in the meantime and trading at half the multiple it should be imo.
Comment by alvarez2 on Oct 22, 2021 11:26am
Where else in the market these days can you find such a differentiation between marketcap vs earnings. The crypto fanatics will need somewhere to go with their capitol when that market finally implodes.
Comment by Stockemups on Oct 22, 2021 11:28am
Good for you now go away. I'll book profit when the blue sky breakout is done in 2023.
Comment by Aurum1983 on Oct 22, 2021 11:40am
I don't understand what your beef is. My 20% is probably still more than your entire position. I guess my logic and reasons are no longer appreciated here.
Comment by LiLy2021 on Oct 22, 2021 11:49am
  How could you say something like that to him?  Unless you meant it to be a jest. In that case, write heheheh... Aurum was kind enough to let us know what decision he's making on his position and I'm grateful for his insight, as many other posters.  I'm happy for you, Aurum. I always feel happy when people (especially you) make money. But be honest, are you doing ...more  
Comment by Aurum1983 on Oct 22, 2021 12:01pm
Hey Lily...good to see you're still around. I don't tell people what they should do since I don't know all the details specific to their situation. I just tell them what I do. I had a multi-leg order that turns into a market order when it hits $5.50 and it completely executed which was unexpected. Wasn't my intention to sell 80%. anyways, I will be buying back since like others ...more  
Comment by alvarez2 on Oct 22, 2021 2:41pm
I invest purely on the fundamentals......never had much luck from the past trading. I don't mind waiting yrs if need be if I feel the upside is worth the wait. Much rather be early to the party than late. I've sat on IVN since about 2016 after the copper prices were obliterated and held a large position for pennies on the dollar........the wait was well worth it and I do not believe the SP ...more  
Comment by LiLy2021 on Oct 22, 2021 4:17pm
  Say what?  Say that again?   You’re still holding WEED and you’ve been riding it down all the way since April?   Is it just WEED you’re holding or did you also convert your Supreme shares?   This is unbelievable. It’s utterly incomprehensible. I’m actually locking my fingers in my bunched hair and start pulling them out. I would have forgiven you if you ...more  
Comment by alvarez2 on Oct 22, 2021 5:09pm
Value and strong fundamentals......always boils down to that in the end. Always has, always will. The crypto crowd will discover that the hard way........just like the pot stock bubble and the dot com stocks of the nineties. Plenty of value to be found in the miners.......going very cheap......so cheap you won't need to gamble on the explorers for the possibilities of double and triples. Don ...more  
Comment by Aurum1983 on Oct 25, 2021 7:37am
I actually made a profit on FIRE and WEED. But I am down 70% on the 2024 warrants...and I have a boat load of them. It's an eyesore. Anyways, market seems to be simple-mindedly reacting to the hawkish comments of Powell...again. Completely failed to see that the Fed is behind the curve big time...Gold and material will go up with interest rate. IF you don't understand that...well then you ...more  
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