Ashanti Gold Corp. GULSF

Metals & Mining Industrial Metals & Minerals

"Ashanti Gold Corp is a Canada-based mining company. It operates in one business segment that is Mineral Exploration and Development in Western Africa. Its project consists of Kossanto East project, Ashanti Belt project, and Anumso gold project."

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Ashanti Gold Corp.

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Comment by snafuron Oct 12, 2006 4:52am

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Post# 11491644

RE: Interesting Predicament

I also thought about a PP, but from the last financial statement, Gulf has $4 million cash. Ridgewood will cost $3 million (CAD). The other NS projects have been payed already, right? Do they need a general meeting for a PP? I guess AGM will be somewhere in december, correct me if I'm wrong. This is a bit too late to collect the money and send it to Palace until december 31st. And with Laurel Valley beeing a big hit in dec/jan, they won't have any cash problems in the future.