PATIENCE REQUIRED!Out of all the quality midtiers to small seniors out there, B2Gold is now the most undervalued.
Today's close: B2Gold @ $ 3.85 VS 52 week high of $ 4.40 CAD.
Alacer, Semafo, Agnico Eagle, Eldorado even!, Kirkland Lake (best of breed) all 52 week highs.
BTO is 55 cents off February high.
Now with GOLD OVER $ 1400 USD...reversion to proper mean.
We should have been over $ 4.00 CAD today; we closed at $ 3.85.
We need a day where shares pop and short squeeze since quite a # of shorts out there. A good 10 % + pop to flush out shorts.
This is EXTREMELY UNDERVALUED.
The massive volume today is also telling...looks like SP suppression. This is a prime takeover candidate now with gold so high and 1 M ounces of annual production. Someone wants B2Gold cheap.
Regards,
Jin
Shareholder