Post by
BSdetector2016 on Feb 28, 2024 11:40am
Maybe B2 Gold should change tack
Obviously the market is way too stupid to see the upside so maybe Clive has to do something else to get its attention. My suggestion:
(1) Temporarily cut the dividend in half (OMG the sky is falling!).
(2) Institute a NCIB paid for by the dividend cut.
(3) Once Goose is spewing low-cost, low risk gold reinstitute the full dividend but direct as much cash as possible towards continuance of the NCIB. Cancel shares along with the dividends paid.
(4) A year into the recovery consolidate 4 for 1, or even 2 for 1, to get the share count down to a reasonable level.
(5) Educate the market dummies that the consolidation has nothing to do with a restructuring, upcoming financing or anything else that would rustle the pasture.
Comment by
BSdetector2016 on Feb 28, 2024 12:12pm
Unless you are Ivanhoe, the Canadian market doesn't generally like the Australian gazillion share cap model. The hedge funds are also part of the problem; they generate a lot of churn but no substance on penny trades. We need retail to take note to move the share price. Increasing EPS will do that.
Comment by
Singoa58 on Feb 28, 2024 12:39pm
The divy will obviously be cut or eliminated altogether very soon.this is a certainty
Comment by
Singoa58 on Feb 28, 2024 12:53pm
New money has go to bitcoin etf ... gold miners not lfavoured by the new generations for the environmental damage they all do...
Comment by
silverbaby on Feb 28, 2024 1:02pm
Lol, gold is favoured by central banks. It will go higher, just like B2's share price, you can count on it!!!!
Comment by
Singoa58 on Feb 28, 2024 1:05pm
I heard that from you when it was 7-6-5-4-3.50
Comment by
silverbaby on Feb 28, 2024 1:53pm
Nope, more of your pipe dreams, but I'd love for you to show me where I said that.
Comment by
Singoa58 on Feb 28, 2024 4:05pm
Not worth my time to dig up all the lies from the pumpers.... karma full circle now ladies 3.16 lol 2.99 tomorrow
Comment by
Sloaner123 on Feb 28, 2024 4:22pm
Not worth your time? All you do is post garbage on this board! But it's what you get paid to do so I get it, we all have to make a living somehow.
Comment by
Blastfrompast on Feb 28, 2024 7:45pm
Singoa58 is a loser still hasn't posted 1 screen shot of a BTo trade .... I'm gonna smash his mom tonight and maybe I'll post a screen shot of that lol
Comment by
Singoa58 on Feb 28, 2024 7:56pm
My mom passed away Sunday afternoon .... karma is bit$& and it's heading your way