Trend Table for BTO - B2Gold Corp.

Current Trend Strength: Strong

Date	Grade	ADX	Long Term	Intermediate Term	Short Term	% Chg
Jan 11	F	Weak or Absent	Down	Down	Down	0.20%
Jan 10	F	Weak or Absent	Down	Down	Down	-1.75%
Jan 9	F	Weak or Absent	Down	Down	Down	-1.51%
Jan 8	F	Weak or Absent	Down	Down	Down	-1.75%
Jan 5	F	Weak or Absent	Down	Down	Down	-0.79%
Jan 4	F	Weak or Absent	Down	Down	Down	-1.27%
Jan 3	F	Weak or Absent	Down	Down	Down	-1.02%
Jan 2	F	Weak or Absent	Down	Down	Down	-2.93%
Dec 29	F	Weak or Absent	Down	Down	Down	-3.39%
Dec 28	F	Weak or Absent	Down	Down	Down	-3.62%