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Bullboard - Stock Discussion Forum 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... see more

TSX:GAU - Post Discussion

Galiano Gold Inc > Still Brutally Under Valued
View:
Post by nozzpack on Jan 09, 2024 5:10pm

Still Brutally Under Valued

Compare Orezone ( ORE ) with a market cap of $1.85 billion .
Also in West Africa.
Will produce 135,000 ounces in 2023 at AISC of $1300 US per ounce....same as GAU proforma.

Cash of just $27.8 million.
Projecting 250,000 ounces per year within the same timing as GAU ...2025
GAU has a current market cap of just over $300 million with $175 million in cash .

Many more examples make. 5 bagger here a reasonable expectation..
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