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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
Comment by jonath24on Aug 15, 2017 8:22pm
311 Views
Post# 26585573

RE:RE:Asanko Gold (AKG) - ***On SALE** $1.18 Less then Book Value

RE:RE:Asanko Gold (AKG) - ***On SALE** $1.18 Less then Book ValueLaci333: Small correction to your calculation. The Financial statements are in USD so your book value you calculated is in USD and not in CAD. Assuming an FX rate approximately of 1.25, you have a book value of 2.59$CA which increase even more the difference with the market value
Bullboard Posts