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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 Aurum1983on Aug 06, 2021 9:42am
203 Views
Post# 33662857

RE:RE:RE:Seeking Alpha out today

RE:RE:RE:Seeking Alpha out todayIt's in their budget. They planned for it and everything went well. They are on track to meet or exceed the upper limit of their 2020 guildance. Q2 was an outstanding quarter.

The title of this article tells you how biased it is. The author is probably looking for cheap shares or for whatever other purposes. Try reading the actual ER instead.

Like I said before, I think $Gold and $Silver will turn in Sept as the slowing recovery becomes more clear. The effects of delta variant and NEW widespread lockdowns in major coountries like China AUS...etc. won't be seen until you see the August numbers published in September. The high frequency data on the other hand shows a significant slow down already. The supply line issues/bottleneck problems are not going to go away any time soon...will take years. Look at the semiconductor issue...takes months to spin a wafer and that's not the only problem. This "adjustment disorder" is going to take years to sort out.

Also...vaccine efficacy drops to below 80% after 6 months and that doesn't even take into account the reduced effectiveness against the variants. We are on the cusp of another cycle like Sep 2020. There is very little about the economy to be optimistic about.

I am obviously not going to bail and chase other momo sectors now, miss this up leg and buy back at the next top...


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