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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 Sep 30, 2021 9:05am
117 Views
Post# 33942594

RE:RE:RE:Dark Political Clouds....

RE:RE:RE:Dark Political Clouds....No. This is just a distraction.

Happens all the time in African countries. Presidents come and go, coup or election, delay or on time, Russian France US China Swiss interests...none of that matter. Operations is not going to be effected. We are so far away from all the fighting.

No union / misguided enviromentalists + Low cost is what investors care about.

IF Goita is lucky enough to cling onto power, it will be from a coup and so fragile that he won't do anything seiously out of line to bring certain sanctions upon himself. He will walk the fine line which is what he's doing now....talking to every power to bargain the best support from every one. The Feb 2022 election will be delayed for whatever reason (ebola, logistics...etc.) It'll be business as usual. At some point there will be a contested election. Some fighting. Look at the DRC. None of that matters. It's business as usual for whoever is in power when it comes to the golden cow. 

What I see is potentially a positive from this news is two-fold:

1) that Goita may actually be able to bring stability to the country and stop the fighting (that doesn't effect B2 anyways). 

2) is more subtle. Usually the government targets the miners when they have consolidated power and nothing else to do. The in-fighting makes all the actors more dependent than ever on the steady income that B2 and other miners provide. The last thing Goita (or whoever comes Feb 2022) wants is to disrupt social/business relations/revenue stream. They have bigger problems on hand.
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