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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 Jul 01, 2016 10:32am
156 Views
Post# 25015246

RE:Prepare for a shorter deep fry

RE:Prepare for a shorter deep fry
Notdonald wrote: Classic.  Give it another day and when this shorter scam backfires, K2's balls are going to get squeezed until they pop like zits. It will be fun watching those shorts fry on the griddle.  Too bad they are dragging some panicikng shareholders down with them.

Anyone remembers what happened to the two companies mentioned below that K2 had also employed with a Short NR??   Did their sp actually drop a lot?  Somehow, AKG is holding up well so far...... But maybe that's because not alot of people are aware of the current K2 article yet.....  What if more and more people become aware of the article and panic sell like the start of yesterday (AKG dropped down to $4.65)??
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wow, owning a producer stock may also carry high risks.... I wonder how AKG management is going to do to defend its valued resources against K2's report? 
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Excerpt...:
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The strategy is reminiscent of previous short-seller attacks on Chinese-Canadian firms Sino-Forest Corp. and Silvercorp Metals Inc., which were highly effective in driving down the stock prices of the targets. However, this short report only had a minor impact. 
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