RE: GMP: Buy rating and $4.75 target for BTO • The company’s management team is a key asset—the former management of Bema Gold successfully built that company from inception to an intermediate gold producer with a market cap of C$3.5 bn.
That's important. All sorts of clever fellows in this biz who've had one success and then sucked. One example is John Black who discovered Antares' big deposit and now manages a 20-cent pile of suck at Regulus. Then there's Eric Edwards who made money selling off Andean and Ventura, but now manages a 30-cent pile of suck at Lupaka.
Clive and the boys built Bema from nothing to a $3.5B miner. Then they turned around and did exactly the same thing with B2, worth $2 billion as of today according to Google Finance. It'll hit $3.5B before Otjikoto comes online.
That proves they're not one-hit wonders. They know exactly what they're doing.
Go ahead and whine about the other 99% of gold and silver stocks out there that are garbage, that the goldbug clowns with their little libertarian newsletters suckered you into buying before they collapsed 90%. But anyone who doubts B2Gold is just being a child.