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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 matt2018on Feb 19, 2020 2:19pm
220 Views
Post# 30709463

RE:RE:Asanko Gold earns $16.5-million (U.S.) in 2019

RE:RE:Asanko Gold earns $16.5-million (U.S.) in 2019Gold price over $1600/oz.
AKG not participating.
Why?
I have been saying this for over a year..... the business model does not work.
There is no interest to invest here.
The stock structure is too confusing.
it is too difficult to create shareholder value with present model.
In my opinion, put it up for sale while price of gold is high.
That will force Gold Fields to either buy the other half of Asanko or they could end up with a partner they don't want.

My opinion only>

Bullboard Posts