Galiano Gold Inc T.GAU

News

[divime1]

But nothing to help shareholders . It would be nice if they paid a dividend or bought back some shares . Another idea woud be if management bought a few shares on the open market instead of collecting bloated pay checks .

https://www.newswire.ca/news-releases/galiano-gold-releases-annual-sustainability-report-881614347.html

[matt2018]

agreed divime..... what would be even nicer is if Gold Fields just bought out the rest of Asanko and just take over the whole company. seriously, what is the point of this model. no growth, no dividend, no buybacks, no nothing. what is the purpose of its existance?

[matt2018]

heres an idea..... take $25M from the cash reserves sitting there earning zip and either buy back 25M shares or pay the shareholders a special dividend of $0.10 per share. Or go make an investment in a gold stream.   Just do something that will create value. The money that is piling up just sitting there year after year, has less and less purchasing power. Surprised someone hasnt come

[Abenite]

Hello BB. I have been a shareholder, like a revolving door.or musical chairs, of this dog since 2003 and it's great granddaddy called PMI Ventures. Miss a few years here and there but always checking in. I guess the chart says it all. Their AISC is too high for the market but I am betting it is coming down next year. Gold Fields has to be looking seriously in 2022 of stealing this old dog at a

[matt2018]

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

[matt2018]

I wrote this original post the end of 2021, suggesting a buyout of Galiano Not much has changed, except price of Gold is higher. Asanko Gold now has appr $98M in cash, Galiano Gold now has appr $58M in cash. Thats would equate to appr $0.70 cash for every Galiano share. Throw in $1.00 of Gold Fields stock for every Galiano share and take it out for $1.70 value per share. Gold Fields would then own