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B2Gold Corp T.BTO

Alternate Symbol(s):  BTG

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

Bullboard Posts
Comment by hopeful2000on Oct 03, 2017 10:57am
97 Views
Post# 26770435

RE:BTO strong

RE:BTO strong
One more thing:

There is, however, one factor that suggests the possibility of a price pullback. It has to do with technicals. We saw the share price gap up recently. "Gaps always get filled", is what they say. I had figured that this, combined with the expected slide in the price of gold (due to China's Golden Week, during which gold isn't traded there), would cause BTO to retrace some of its gap-up. 

It hasn't really happened (yet?) and the retracements, such as they were, have been shallow and were quickly bought. I was expecting something more substantial than what we've got so far.

At the moment it looks like BTO is consolidating, getting ready for its next leg up, barring unforseen circumstances. Time will tell. Everyone makes their own bets.
Bullboard Posts