RE: Interesting interview re juniors Kitco published an abbreviated interview.
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Here's is the link to the complete interview plus the Nicaragua portion:
https://www.theaureport.com/pub/na/14313
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TGR: Other than Mexico, what other countries do you particularly like in Latin America?
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DG: Nicaragua fits that description perfectly, although those taking a cursory glance might conclude otherwise. The operating experience of B2Gold Corp. (BTO:TSX; BGLPF:OTCQX) in Nicaragua has been exceptionally good. It has no doubt benefited from the quality management team it brought to Nicaragua.
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But the country, through its government and permitting processes, has been refreshingly responsive to this junior gold company's needs. As a result, B2Gold has been successfully operating the Limon mine, a 40,000 oz/year producer. The La Libertad mine was developed and is now a 100,000 oz/year producer.
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Cash costs for B2Gold were $583/oz in the last quarter. The company has recently raised its production forecast, anticipating the development of what's called the Jabali zone. This zone exists in a 15+ kilometer-long corridor of prolific rocks that are host to some higher-grade mineralization that will be put through the La Libertad Mill.
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TGR: Based on its success, is B2Gold more of an acquisitor or an acquisitee?
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DG: I think B2Gold is more of an acquisitor. It has exhibited the bench strength and the management capacity to operate a company three times its size.
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TGR: B2Gold has successfully negotiated and navigated the Latin American political waters. The fact that it can have such a successful project in Nicaragua suggests that it can also be successful in Peru. And perhaps it can be successful in other areas, like Argentina or maybe even Chile.
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DG: B2Gold's management has a long history in Chile, having formerly been with Bema Gold Corp. [acquired by Kinross Gold Corp. (K:TSX; KGC:NYSE)] on the Cerro Casale project and others.
B2Gold's success in Nicaragua is a big plus for Golden Reign since GRR's property seems to be vastly superior to BTO's.