Galiano Gold Inc T.GAU

Alternate Symbol(s): GAU

Metals & Mining Gold

Galiano Gold Inc. owns the Asanko Gold Mine, which is located in Ghana, West Africa. The Asanko Gold Mine (AGM) 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. The AGM also owns various exploration licenses across the highly prospective and underexplored Asankrangwa Gold Belt.

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Galiano Gold Inc

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Comment by nozzpackon Dec 27, 2023 12:31pm

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Post# 35801294

RE:Brutally Undervalued Compared to Peers

Another example..one that I am also invested in..is T.SIL which produces 130,000 ounces of gold equivalent per year..60% gold and 40% high grade silver , with no debt and about $60 m in cash.

It has 150 m shares and trades today at $9.15 per share which is a market cap of about $1.35 billion.

Equally profitable and well run, GAU should be trading at $7-$8 per share on 2024 production of 167,000 ounces and about $12 per share at 240,000 ounces beginning in 2025..

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A junior miner and long-term compounder to invest in gold's resurgence