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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 johnny007on Dec 05, 2017 9:31pm
145 Views
Post# 27097594

Held its position

Held its positionHeld its position despite the BS gold dip due to dumped contracts.

On AMEX we see higher lows, consolidation at least.
This confirms capitualtion on 11/30 the longer it goes sideways -> confidence.

On TSX well, lows re-tested, but due to poor 5c stepping.
Had great support otherwise on both exchanges.
Yes, a little short attack again, nothing too serious.
Sellers weared out, mcap now simply too cheap.

Didn't read any coverage from the mining conference today,
tomorrow is its 2nd day.

Expecting news about Red Kite and company's collaboration.
At this starved state, any news will do it to move it up.

Bullboard Posts