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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 Mar 19, 2020 11:52pm
103 Views
Post# 30829171

RE:RE:RE:What caused the sell off???

RE:RE:RE:What caused the sell off???That's a good take on it, I think. The price plunged well below $4 this morning and clawed its way back up. Hopefully that completes the downward retracement I was talking about and expecting yesterday morning (Wednesday). Late today shortcovering caused a spike back to $5. Typical short covering behavior, which is usually followed by a small crash-back, which is what we got. But now it might be at support and build a base from here - unless more devastating news hits.

I believe in retracements, be they up or down. I expect a tradable retracement of the DOW and S&P in the foreseeable future. It might just be a dead cat bounce, a countertrend rally, but so what? They can be very powerful.
Bullboard Posts