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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

Comment by IgnacioCashmereon Jun 02, 2021 1:14pm
123 Views
Post# 33311512

RE:RE:RE:Inflation

RE:RE:RE:InflationYou make good points for those who werent living in the 70's. But i think you meant the Vietnam War ended in 1975, not started. That precipitated a drop in USA defense spending until Reagan. The layoffs for defense workers in the mid 70's was staggering, as there was no war to ply their trade. Now that the USA has openly admitted to perpetual war, The War on Terror, there can never be cuts to defense spending, no Peace Dividend. Until the US dollar fails as the currency of choice, big deficit spending will continue, & with it "real inflation" will continue in the 6-8% per year, not the fake numbers government economists put out. If you want to see what real inflation is, look at the Price of Gold POG. Gold is not a money maker, it is a money saver, so we will always need it. The assault to dethrone the US dollar is already under way in earnest. Sooner or later, American's luxury of holding the currency of choice will end. Then, we have to start paying the real costs of of goods & services. The standard of living for most Americans will drop. In those times, it is good to own gold & gold miners. Whether we go to new Patriot Dollars or stick with a junk US dollar, the demand for store of value will increase not decrease. Gold is the ultimate store of value because it is indestructible. It survives anything. How well does a bitcoin wallet survive fire, water submersion, & no electric grid period? Gold is still the ultimate store of value we hold in our control. Gold is useful in the most advanced civilizations, & in no civilization. Barbarians will still value gold. All the other stores of value cannot say that. So BTG is not facing a twilight of gold utility. Gold will hold its purchasing power, until that first gold asteroid is successfully lassoed & brought in to Earth orbit. Ask a Venezuelan, Cypriot, Lebanese, or Zimbabwean if owning gold would have been a good idea, BEFORE their financial collapse.
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