RE:RE:B2Gold @ Watch Zone The Good the Bad and the Ugly
1) Good - stability of the mine. It has never been a problem being in Mali and has not hampered production. But being in this location has been a stigma attached to it as high risk. Partnership with the government gives the appearance of long term stability.
2) Bad - We have now given up 20% of our best mine. I know this was a deal made a while back but still the money is not going in our pocket. Everyone has to make deals with governments nowadays.
3) Ugly - Shorters will pounce on this stock at the slightest weakness. Its holding pretty good with
365k shares traded. We will see by the end of the day....