Monday, July 10, 2017

Asanko Gold Inc. - AKG.t

Asanko Gold Inc. - AKG.t flagship project is the Esaase Gold Project located in Ghana, West Africa.

The Asanko Gold Mine is located on the Asankragua Gold Belt in Ghana.

On September 19, 2016 the media released News

The Globe and Mail reports in its Saturday edition that Asanko has battled short sellers before and survived. In a Globe special, David Milstead writes that investors who think the miner's recent travails are a buying opportunity, however, might want to be cautious. In June, 2016, K2 & Associates released a lengthy report suggesting that mining at the Nkran project in Ghana was going poorly. Asanko weathered the critique reasonably well. This time, investors pushed the shares down by 30 per cent. Asanko uses a gold price of $1,300 an ounce to calculate its reserve data. In determining the gold in the more speculative category of resources, however, Asanko adopted a $2,000 gold price, a level that gold has never hit.