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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

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

Bullboard Posts
Post by Countrygenton Nov 30, 2011 4:41pm
217 Views
Post# 19280609

The Bigger Picture

The Bigger Picture Hold the fort on gold including KGN sez I.The Eurozone bogie-man is going to shrink away in a cloud of euro-devaluation and the old stagflation model for the G-10 will finally sink into the noggins of Joe Q. punter.Big rally expected from this stubborn gold bug's perch in bullion, to be followed by a little market enthusiasm for the leveraged miners and juniors for a change. Even the very clever Don Coxe is a believer now.On KGN, some comfort can be drawn from looking at the peer group charts - it has been a prolonged group beating driven by post-Lehman nightmares, take away the worries the Eurozone will implode and drag us all down, and up we float on the tide of sidelined cash that is no doubt tiring of zero to negative real returns. When the first rally comes it will just watch, but then wait for the stampede.As for this day-to-day whipsawing and extended beat-down we are enjoying, as far as I read it, no inflows from an interested retail public just leaves the traders and pros scratching for small change to keep the lights on. It doesn't really mean much to me.Dr. Copper up over 5% today. Glimmer of light on the horizon for the contrarian optimists among us who don't believe the world is coming to an end ... at least not for a few quarters more. Might sell into some enthusiasm next year though and make sure the old home acreage is free and clear.Unbatten the hatches!CG
Bullboard Posts