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.

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Comment by matt2018on Dec 30, 2021 10:39pm

494 Views

Post# 34272921

RE:RE:RE:RE:News

Gold Fields could actually do the deal without raising a dime or taking on new debt.
Asanko Gold and Galiano Gold each have appr $55M Cash on the balance sheets.
Thats enough cash for $0.50 cents a share for all the Galiano shares.
Plus throw in another $1.00 per share of Gold Fields stock ($225M worth).
Thats $1.50 per share total.
Maybe that works.

IMO

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