WallyYou sure do not post much on Hotcopper.I also sometimes...

Wally

You sure do not post much on Hotcopper.

I also sometimes make the comparison with B2Gold. They have a charismatic CEO who made his followers rich when they sold some gold assets in Russia. We have a more humdrum CEO who lives in Monaco and comes out of the woodworks sometimes at conferences and to open mines.

Here is BTO's latest initial quarterly report/forward statement.

http://b2gold.mwnewsroom.com/Files/a6/a6fff6de-5c9f-4332-9e4e-c8982b5e6d15.pdf

They are now valued at around $2billion on the TSX. Estimated 2014 production is 395-420k ounces at an AISC of USD 1025-1125/ounce.

EVR's 2014 production is expected to be 400-440k ounces at AISC of USD985-1070/ounce.

It is possible that BTO has more gold reserves and resources and more expansion plans - I have not checked that out. I recall their Masbate projects has a lot of ounces albeit around 1.1 grams/tonne.

They have substantial debt, at least $260m via a convertible loan

http://www.b2gold.com/wp-content/uploads/2013/12/B2Gold-December-2013-Final.pdf

For now I would accept half of BTO's market cap, say $1 billion which would put a smile on our faces, especially SaberX. A market cap of $2 billion for EDV would set me up nicely, but I am not counting on that in the next 2 years.

loki