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Galiano Gold Inc T.GAU

Alternate Symbol(s):  GAU

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.


TSX:GAU - Post by User

Post by nozzpackon May 10, 2024 2:48pm
121 Views
Post# 36034179

Big Money Finally starting to flow into the Gold Sector

Big Money Finally starting to flow into the Gold Sector

$35 Trillion in debt means that the US can only stave off a major recession by keeping its interest rate below the current 3% inflation......Currently with inflation at 3% and interest rate at 5%, the FED will soon be forced to pivot to quickly lower rates below 3%..which will trigger a huge increase in POG
Thats why Big Money is starting to flow into gold whose ultimate price is now moving higher than $3000



https://www.kitco.com/news/article/2024-05-08/big-money-has-already-moved-and-bought-gold-brien-lundin-says-investors

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