Topic: How To Invest

Dear Pat: Can I please have your views on B2Gold? Will there be any upside with this stock in the near future. Thank you.

Article Excerpt

B2Gold Corp., $2.55, symbol BTO on Toronto (Shares outstanding: 651.3 million; Market cap: $1.7 billion; www.b2gold.com), owns the Limon and Libertad gold mines in Nicaragua. The company also holds exploration and development properties in Colombia, Uruguay, Nicaragua, Namibia and Costa Rica. Bema Gold’s management team formed B2Gold after Kinross Gold bought Bema in early 2007. In March 2013, the company completed its $1.1-billion purchase of CGA Mining (symbol CGA on Toronto). CGA owns the Masbate gold mine in the Philippines, which produces about 200,000 ounces a year. B2Gold is now buying Volta Resources (symbol VTR on Toronto) for $63 million U.S. Volta has nine projects in the West African nations of Burkina Faso and Ghana, with its focus right now on its 81%-owned Kiaka gold project in Burkina Faso. Kinka could hold as much as 4.9 million ounces of gold. A 2012 prefeasibility study predicted that Volta could build a mine on the property with a 10-year lifespan and annual production of 340,000…