PINL:VLTAF - Post by User
Comment by
ALLEN4on Oct 31, 2013 8:55am
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Post# 21864530
RE:RE:see article below about the takeover of Volta
RE:RE:see article below about the takeover of VoltaWow, I wonder how many of us Birim oldtimers there are. I am excited to have our Kiaka project get the backing of a high quality, diversified company like B2Gold. It may take some time but the market will eventually catch on to what B2Gold has on its hands in West Africa. B2Gold is an exciting company for a young guy like me, with there approach to going into jurisdictions others perceive as dangerous and finding value and producing gold at a low cost. Similar to Randgold on a world wide scale. Notice that while other gold companies took a hit beginning early 2011, B2Gold maintained its share price and that tells me that were it not for the sector downturn overall, BTO share price would have been flying, given its growth in both profile and earnings. In addition to being excited, I am relieved, because B2Gold has no worries about its survival whereas VTR due to its size and stage of development was in the nature of a burning match. I know some are disappointed by the buyout, but I do believe that if we hang on we will see our value and more. We have to take our recovery in stages. We are not the only ones affected by the sector downturn. B2Gold's market cap is also much, much lower than it would be in a normal environment. So the story continues. Better days ahead! GLTA.