Topic: How To Invest

Hi Pat: I would appreciate receiving your comments on the future prospects for B2Gold Corp. Thanks!

Article Excerpt

B2Gold Corp., $2.81, symbol BTO on Toronto (Shares outstanding: 645.6 million; Market cap: $1.8 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. The company recently 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 produced 157,885 ounces of gold in 2012. The addition of the Masbate mine, plus ongoing expansions at its current projects, will likely push that figure up to 385,000 ounces this year. B2Gold’s output could rise as high as 750,000 ounces in 2017 if it successfully builds mines at some of its development projects. Operating in the Philippines, Nicaragua and elsewhere in Latin America adds political risk. But B2Gold’s management team successfully built Bema Gold into a $3.5-billion…