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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Post by newbie880on Jan 05, 2010 4:32pm

446 Views

Post# 16641398

Question???

What kind of pe ratio would BTO command.120 000 ounces times 600(1100-500,pog-costs per ounce)=72 million
dollars net profit,that is on the lower end,divided by 282 million shares,gives earnings of 25 cents a share.Times 10
will give a share price of 2.25.A response is welcome.

eom

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