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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 dkolish01on Feb 13, 2018 5:40pm
106 Views
Post# 27553845

RE:RE:RE:RE:RE:RE:RE:$4 or $5 CAD for a takeover?

RE:RE:RE:RE:RE:RE:RE:$4 or $5 CAD for a takeover?2.00 per share will not be accepted. It traded at 5.00 and nothing has changed since then other than the price of gold has risen,.

No one buys shared to make .20 cents  a share. They want a double or triple. No one invest for .20 cents.

The offer has to be at least double the current largest shareholder average share price and that means 3.60 to 4.00.

Heavy manipulation will not lower the price.  Gold is headed back up. Every 10 dollars means about 2,000,000 dollars. So far we seen about 6,000,000 come in. 

The company can easly buy shares back at this price or drop a dividend  

Financing is guaranteed at this gold price.


Bullboard Posts