Update on Mali Situation - BTG Position

I wanted to share an update on the Mali situation in Bamako which affects our position in B2Gold (BTG).

My suspicions have been confirmed that it was French media that was exaggerating the JNIM Al-Qaeda situation (JNIM is a branch of Al-Qaeda)

When Al-Qaeda started attacking roads leading into Bamako (capital of Mali) to stop fuel tankers from coming in starting in September, the French media's headlines were:

JNIM to takeover Bamako in a matter of days... then the French changed the headlines to:

JNIM to takeover Bamako in a matter of weeks... then they changed the headlines to:

JNIM takeover of Bamako imminent... then they changed the headlines to:

JNIM to trigger regime change in Mali... now the French media has stopped talking about Bamako.

What's changed in November?
The "JNIM fuel blockade" was approximately 30 terrorists on motor bikes with guns that attacked civilian fuel tankers while screaming "Allahu Akbar". But Mali stepped up. The fuel is flowing again. Over 1,300 fuel tankers recently arrived in Bamako. Schools have reopened on Monday. Life goes on. JNIM has been terrorizing Bamako for the past 7 years, Al-Qaeda has been terrorizing Bamako for longer.

Non-French reporters have reported the situation right now in Mali as "quiet". You can watch live streams and videos in Bamako on Tiktok, Youtube, social media. They just had a big concert there a few days ago. There were two major international conventions there over the past few days hosting many countries. And you can see many cars on the road, going about their daily lives.

French propaganda is out of control. They're just upset they lost their contracts to Russia in Mali. They lost their exploitation privileges. And ultimately, BTG recently confirmed that their Fekola mine in Mali has been running unimpeded; they actually produced higher than expectations at that mine.

I've recently added to the dip on two occasions (as per my previous posts). This does not mean that BTG can't go down. Yes it can if the price of gold goes down or if there's a broad stock market crash. Don't go crazy, don't go all in, but from my perspective, I saw and see this as a good buying opportunity as BTG was beaten down unfairly... but of course the market doesn't care about being fair, but I'll take advantage.

God damn French propaganda.