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

Post by PositionTradeon Sep 22, 2011 10:49am

356 Views

Post# 19071483

mkt bloody bath = buy opportunity

mkt bloody bath for no real reason - every "bad news" are well-expected, such as Fed twist operation, Euro problem...

I guess this is a typical SHAKE-OUT, a psychological play before significant rebound.

TA - TSX is hitting wave B after 6 months down, seems LAST SHAKE before wave C strong reboud.
FA - Mkt evaluation has hit historic low based on PE, yield, NPV etc.

SO, JUST BOUGHT 30,000 VRS at 0.64 & some INT, some KGN.

Hope I am not wrong this time.

Bullboard Posts

Advancing flagship Ishkõday Gold Project in Ontario