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

Bullboard Posts

Comment by hopeful2000on Nov 10, 2010 9:35am

404 Views

Post# 17685677

RE: AngloGold sell off their 10%

Thanks for posting that.

That provides some possible explanation as to what happened yesterday and why the shorting occurred. The purpose of the shorting by Canaccord was to drive the price to a level that the buyer of he 31 million shares was willing to pay.

Unfortunately this did some damage to our chart and will take time to repair and if gold enters a correction this could take even longer.

On the bright side there are now 31 million shares in the hands of owners who firstly believe that BTO is worth owning at the price they bought it at (what was that price) and secondly they will likely not be selling out soon.

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