Akwaaba Mining Ltd V.AML

Alternate Symbol(s): CPKOF

Metals & Mining Gold

Akwaaba Mining Ltd is a Canada-based exploration company. The Company is engaged in the business of exploration and evaluation of mineral properties in Ghana, Africa. The Company’s Akorade project is located in southwest Ghana, in the southern portion of the Ashanti gold belt. This land package encompasses approximately 225 square kilometers, lying within 50 kilometers of five producers accounting for nearly 50 million ounces in gold reserves and resources. The Company has an initial discovery, the Apankrah Deposit, an inferred mineral resource estimate of 275,000 tons at 8.6 gold per ton (g/t Au) for a total of 76,000 contained ounces.

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Akwaaba Mining Ltd > 4 MILLION EQUALS 4-5 CENT SHARE PRICE

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Comment by Bookendson Aug 06, 2017 9:02pm

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Post# 26552955

RE:RE:4 MILLION EQUALS 4-5 CENT SHARE PRICE

You're talking about 4.25 M usd... and so 3.2 us cents a share...

Not too shabby when purchasing it for 2.5 canadian cents...

Talking about around 60% upside if it was ever to trade around cash value...

The cash burn in and of itself is not so bad... Generally under 10k a quarter...

Not like management does much here... You will notice this if you ever try to contact IR or anyone at the firm :P

Anyways, if we are lucky, then we might get an idea of what management intends on doing in the proxy... Liquidation would be good... Or distribution a big chuck of the money and keeping a shell company... But like you said, could take ages before we get any news on that end.

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