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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

Metals & Mining Gold
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

Galiano Gold Inc
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Comment by jonath24on Aug 15, 2017 8:22pm
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Post# 26585573

RE:RE:Asanko Gold (AKG) - ***On SALE** $1.18 Less then Book Value

RE:RE:Asanko Gold (AKG) - ***On SALE** $1.18 Less then Book ValueLaci333: Small correction to your calculation. The Financial statements are in USD so your book value you calculated is in USD and not in CAD. Assuming an FX rate approximately of 1.25, you have a book value of 2.59$CA which increase even more the difference with the market value
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