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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

Comment by matt2018on Dec 24, 2021 9:35am
268 Views
Post# 34260526

RE:RE:News

RE:RE:Newsheres an idea..... take $25M from the cash reserves sitting there earning zip and either buy back 25M shares or pay the shareholders a special dividend of $0.10 per share.
Or go make an investment in a gold stream.   Just do something that will create value.
The money that is piling up just sitting there year after year, has less and less purchasing power.
Surprised someone hasnt come along and used that cash on the books as leverage to just buy the company out.

my opinion only, DYODD


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