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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
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Comment by FullReversalon Dec 19, 2017 2:23am
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Post# 27184480

RE:RE:RE:ALERT! PARABOLIC SAR - BUY AKG @0.46 USD

RE:RE:RE:ALERT! PARABOLIC SAR - BUY AKG @0.46 USD
Agreed, and if one looks at Free Cash Flow.  Q1 was horrid so Muddy Waters had a solid short thesis.  It had gone from bad in Q3 2016, to worst in Q4 2016 to simply horrid in Q! 2017 but since then they have been free cashflow positive and increasing. 

So the short thesis is now broken beyond repair.    Muddy Waters for the longs has turned quick sands for the shorts.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities