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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 Mack100on Oct 02, 2024 9:23pm
65 Views
Post# 36250961

RE:RE:It appears to be only miner in red AGAIN

RE:RE:It appears to be only miner in red AGAIN I'm not thrilled about that either - but I'm sure someone on this board will tell us why the share count is completely irrelevant and why BTO management are geniuses and doing everything exactly right, including the sale of 79 million shares of Calibre at $2.20/share (now at $2.60/sh), the $500 million prepay at $21.91 (with gold now closing in on $2700), and the massive underestimate of the costs to build Goose.  And I guess everyone who continues to sell, driving this thing down to $4.00 and quite possibly lower, are crazy. Let's hope so. But back to the share count, it is interesting that Ivanhoe (IVN) has 1.4 billion shares outstanding, makes less than BTO, and has a share price of $20+.  What's with that??! Is is just because investors have more faith in that team?? OK Totall, I'm waiting for it - tell me to get lost again!! It would be nice to have a meaningful discussion however about why BTO keeps going down, and why we should be optimistic that that is going to change - and the fact that Goose is starting up soon, and the fact that the Mali situation has been resolved, are obviously not persuading many investors that it is time to step up to the plate. Something else is going on here and BTO has to figure out why and do something about it - maybe a consolidation, maybe share buybacks, maybe look at the dividend, maybe move heaven and earth to get Goose up and running sooner - who knows, but something.       
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