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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

Galiano Gold Inc. is a Canada-based company, which operates and manages the Asanko Gold Mine, which is located in Ghana, West Africa, and jointly owned with Gold Fields Ltd. The Asanko Gold Mine is a multi-deposit complex, with four main open-pit mining areas: Abore, Miradani North, Nkran and Esaase, and multiple satellite deposits, situated on the Asankrangwa Gold Belt, and a five metric tons per annum (Mtpa) carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with approximately 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Nkran deposit is located within the Kumasi Basin on the Asankrangwa gold belt. The Nkran deposit is located on a jog along the regional Nkran Shear, which is a zone of about 15 kilometers in width. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd and Galiano International (Isle of Man) Limited and others.


TSX:GAU - Post by User

Bullboard Posts
Comment by gold_diggers1on May 18, 2016 4:54pm
121 Views
Post# 24886311

RE:Why the big drop for end of day?

RE:Why the big drop for end of day?
gold_diggers1 wrote:
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Time and Sales

Time Price Volume Buyer Seller
16:00:00 4.23 200 Morgan Stanley Canada Ltd. Leede Financial Markets Inc.
16:00:00 4.23 2,700 Morgan Stanley Canada Ltd. Other
16:00:00 4.23 200 Morgan Stanley Canada Ltd. Other
16:00:00 4.23 200 Morgan Stanley Canada Ltd. Other
16:00:00 4.23 100 Morgan Stanley Canada Ltd. Other
16:00:00 4.23 100 Morgan Stanley Canada Ltd. Morgan Stanley Canada Ltd.
16:00:00 4.23 200 Morgan Stanley Canada Ltd. Morgan Stanley Canada Ltd.
16:00:00 4.23 1,800 CIBC World Markets Inc. Other
16:00:00 4.23 100 Morgan Stanley Canada Ltd. Morgan Stanley Canada Ltd.
16:00:00 4.23 2,400 Other Other
.
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Market By Price

Bids
Time of Order Size Price
16:14:00 700 4.19
15:59:30 10,400 4.18
15:57:04 1,100 4.17
15:59:30 10,800 4.16
03:25:02 3,700 4.15
15:54:25 13,400 4.14
Asks
Price Size Time of Order
4.25 2,300 15:55:30
4.26 2,500 15:58:43
4.28 5,100 15:59:57
4.30 1,300 15:59:00
4.32 600 15:59:57
4.33 2,400 15:53:15
.

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Well, gold contracs got dumped big time about that time driving down the POG.....
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which might explain the big drop..... for most gold stocks.....
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Bullboard Posts