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.

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B2Gold Corp

Bullboard Posts

Post by hopeful2000on Sep 07, 2011 10:40am

542 Views

Post# 19017716

Gold predictably down

Interesting morning. Gold is down because the German supreme court has ruled that Germany is allowed to bail out other countries. Had it ruled otherwise sovereign defaults would have been instantly guaranteed. Now they simply remain a distinct possibility. The fear that it might rule to prohibit such bailouts was one of the reasons the POG spiked as high as it did.

There is really no surprise that the ruling went as it did. Politics and big money trump law. So this morning's plunge in the POG is nothing surprising after all. It remains to be seen if BTO can hold on to the $4 level. So far it looks good.

Good luck to all.

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