Galiano Gold Inc T.GAU

Alternate Symbol(s): GAU

Metals & Mining Gold

Galiano Gold Inc. is a Canada-based company, which owns the Asanko Gold Mine, which is located in Ghana, West Africa. 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 5.8 metric tons per annum carbon-in-leach processing plant. The Asanko Gold Mine holds the land package within the belt, with over 21,000 hectares of tenure on this prospective and under-explored portion of central Ghana. The Abore is located along the haulage road between Obotan and Esaase, over 15 kilometers north of the mill. Miradani North is designed to be mined in two phases to help advance the high-grade ore and manage relocation costs associated with the Tontokrom village to the south. The Asankrangwa gold belt is located within the Kumasi basin. Its subsidiaries are Galiano Gold South Africa (PTY) Ltd, Galiano International (Isle of Man) Limited and others.

TSX:GAU - Post by User

Galiano Gold Inc

Bullboard Posts

Comment by JustLongon Sep 08, 2010 9:20am

251 Views

Post# 17423487

RE: Hey JustLong Chart View Help?

Sorry about the delay.Gotta a full plate currently.As long as volume remains low that will continue.The price has worked it's way right into R around $7.25 +/-.Todays news may help but the move may be subject to a pullback since the run has only light volume support and is fairly steep.
The last few days(not shown on the supplied weekly chart below)are narrow trading range days with the last 2 having small upper shadows.If you start seeing new lows appear it may be time to lock in some profit .Assuming a pullback in the near future for whatever reason,S is around $6.25 and 5 bucks(in rough numbers)
You had a good run with this one.GLTA

JL