Today we review B2 Gold for you. What is B2 Gold? How does it work? What products and services do they offer you? Are they a smart investing alternative or should you look on other alternatives instead? This is just a few of the questions this short review help you answer!
Name of the Company: B2 Gold
Official Website URL: https://www.b2gold.com/
C.E.O: Clive T. Johnson.
Products: Gold stocks
B2 Gold happens to be a popular name in the realm of investments. Due to this reason, I will be shedding light on several elements that pertain to its effectiveness in the satisfaction of customer needs and wants. Below are the major queries that will guide this review:
• What is B2 Gold about?
• How does it work?
• What products does it offer?
• Is a genuine company?
• Are there any investment opportunities you can take up with B2 Gold?
• What is the best alternative to B2 Gold?
• What are the main advantages and disadvantages of B2 Gold?
What is B2 Gold?
B2 Gold Corp is a Canadian public gold-mining firm that is based in Vancouver. This company was formed in 2007 and is currently the proud owner of five gold operating mines, along with very many exploration sites and development projects distributed across several countries in the world.
B2 Gold Corp has a market capitalization of close to $2.3 billion (September 2018) and continues to rise amongst the ranks set in this industry. This company tries to maximize its cash flows by having impressive operational and mining projects under its name optimized. Further to that, it seeks to balance the effort, in terms of resource allocation, dissipated into the reduction of debt and into the expansion of the existing operations.
This company has very defined policies that are aimed at adding value to shareholders. This is achieved through pushing for growth that is driven by exploration of new sites, and the development and expansion of the projects in its pipeline that are performing well. B2 Gold Corp’s potential acquisitions in the future are majorly determined by the existing exploration opportunities.
How does it work?
B2 Gold Corp achieves its profitability by focusing on the exploration and development of sites, as well as the production of gold. As discussed above, this company’s growth is to a great extent supported by the intentional optimization of its operations in the projects in its pipeline that have the potential to bring them impressive revenues. The major projects owned by B2 Gold Corp include:
– The Masbate Mine –This mine is located at Aroroy, Masbate, in the Philippines. It happens to be the largest gold mine in the Philippines, and it contributes 31% of the annual gold production to B2 Gold Corp.
– The Otjikoto Mine –This mine is found in Namibia, and contributes close to 30% of B2 Gold Corp’s overall production.
– The Fekola Mine- This Mali-based mine contributes 18% of B2 Gold Corp’s overall gold production.
– The La Libertad Mine- This Nicaraguan based mine contributes 13% of B2 Gold Corp’s overall gold production
– The El Limon Mine- Also located in Nicaragua, this company contributes 8% to Gold Corp’s overall production.
B2 Gold Corp is currently doing extensive development projects in Burkina Faso (Kiaka Project) and Colombia (Gramalote Project), which it hopes to add onto the list of the most profitable operations in its pipeline.
This company mainly focuses on the production of gold. It does this by providing values across the whole supply chain, where it eventually delivers the ready gold to the people who need it to achieve their objectives. Being a publicly traded corporation, this company is also currently offering stocks, which interested invested can purchase and earn investment income from. This company’s stocks are listed in the following exchanges:
– Toronto Stocks Exchange-B2 Gold Corp’s are traded as BTO.
– New York Stocks Exchange –B2 Gold Corp’s are traded as BTG.
– S&P/ TSX Composite component.
Is it a scam or is it legit?
B2 Gold is a genuine company, which has a lot of information about it provided all over the internet and major news outlets. You can, for instance, verify that indeed offers its stocks for trading to interested investors on Yahoo Finance. If you are looking for this company’s stock quote, you can access the Bloomberg Markets’ platform, from where you can also view relevant analysis to help you with the decision-making process. On the overall, there is not a doubt that this company is legit and that it offers genuine products to interested customers.
For a company to be listed in the Toronto Stocks Exchange and the New York Stocks Exchange, it must have been prequalified thorough background checks on its stability and professionalism. This means that you can trust B2 Gold if you are interested in the products it has to offer.
If you are looking forward to making investment income, then you can rely on the stocks that this company offers through internationally recognized stock exchanges. If you are an expert in trading in stocks, you are highly likely to reap from your investment income. Those who have a sufficient amount of capital can also act as middlemen and earn profits through the basic price up-marking tactic. This may, however, require that you get the necessary accreditations in order for your customers to gain your trust, which to some extent may begin coming up as a tedious task.
Alternatives to B2 Gold?
You can choose to invest in the stocks that B2 Gold offers, or you can choose to invest in something more stable. The stability of the stocks’ prices is determined by a number of things, the performance of the company in questions being amongst the major ones. If you decide to invest in physical gold through a Gold IRA, however, you place yourself in a better position in as far as the security of your investment is concerned. I, therefore, would highly recommend that you make your investment in physical gold, through a high-ranking and trustworthy gold IRA firm, such as the GoldCo to name the highest rated one.
With a company such as GoldCo, for example, you can invest in an IRA.
I also want to recommend Resource Insider as they let you invest like a Mining Magnate without you having to be one… If you want to profit from the mining industry.
Both of the companies mentioned here also offer other services that you as an investor might find very beneficial so it might be a wise thing of you to have a look at both of them and take advantage of their great FREE services to start with.
Our #1 recommendations (best of both worlds) below:
Pros and Cons
It is always wise (and recommended) to compare the positives against the negatives to get a better overall view of something. As always in our reviews we provide you with some clear points on both sides of the spectrum:
– Has a large market capitalization.
– The mines owned by this company are some of the largest mines in the areas in which they are located in.
– Focuses on shareholder growth.
– Has several mines in different regions in the world.
– Negative news on news outlets (e.g. death of workers)
Do You Own or represent B2 Gold?
If you are a representative, or associate of B2 Gold and have found something not to be correct in this review please, feel free to tell us and I will make sure to update the info on this post. The easiest way to do it is in the comment section below or simply by sending us an e-mail to email@example.com.
Final words and verdict
Overall rating: (4 / 5)
Ok, I think that sums up the overall view of B2 Gold pretty good. It is a legit service for sure, however, if it is the right one for you or not is something you have to decide yourself. It is always a wise thing to educate yourself as much as possible in the areas you are interested in. It might be a good thing for you, however, make sure to get your info from more than one source.
You made a wise decision to read this review and you are a smart person so I am absolutely sure that you will find the right company to do business with that suits your particular needs the most.
What I would recommend?
There are many great investment services out there. We have many Gold Mining investment opportunities and services, coin dealers, IRA service providers, and financial services in general listed on this website, mostly for precious metals and Bitcoin but also for other alternative investments.
You can find the best from 2 worlds that we can recommend below:
I hope you found this short review of B2 Gold to be helpful and that you now have a better understanding of what it is and if it is something for you or not. Please, if you have used any of their services then share your experience in the comment section below as it can help others! Also, if you got any questions about this review I will be more than happy to answer them below!
I wish you success!
founder of: Goldretired.com