B2Gold Corp T.BTO

Silver hits 11 year high today

[jrj90620]

Wonder what the worth of the silver royalty with Glencore is worth.If Glencore will do anything or maybe sell it back to B2G?

"Sabina also owns a significant silver royalty on Glencore’s Hackett River Project. The silver royalty on Hackett River’s silver production is comprised of 22.5% of the first 190 million ounces produced and 12.5% of all silver produced thereafter."

[Maxmoe]

Why would they sell it unless it's at a huge price. That was a brilliant investment by them. The other 77.5% , followed by 87.5% is also worth a lot more than a year ago ! 

[Trader2155]

BTO, made a wise move by buying Sabrina as i had been watching its development all these years, the reason why i bought into BTO is because of management prudence, they are very savvy, always have a retained earning around 1/2 Billion $ or enough cash and short term investment for a rainy day, Mali is a minor set back for them, I am sure if they see major problem on the horizon they will take

[MaterialsMan]

If QH is involved, I would't walk to the nearest exit, I'd at least jog.