B2Gold Corp T.BTO

Alternate Symbol(s): BTG

Metals & Mining Gold

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.

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B2Gold Corp

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Post by Singoa58on Aug 31, 2024 12:32pm

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Post# 36204046

Gold run over… correction coming

Michael James McDonald

Summary

We initially recommended a 100% gold allocation, then reduced it to 70% in April, and now suggest 50% due to our sentiment indicators forecasting an intermediate term correction.
Gold has reached our $2,450 price target, and technical indicators suggest the current two-year rally is fully extended.
Excessive "call" versus "put" buying in GLD, and high optimism among gold advisors, indicate a peak, supporting our intermediate-term correction outlook.

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Canada Nickel unveils second of seven resources planned by mid-2025