The Investment Doctor
Long/short equity, value, debt, base metals

Asanko Gold - On Its Way To Become Ghana's Next Gold Producer

Introduction

In this article I'll revisit Asanko Gold (NYSEMKT:AKG) which I discussed quite a while ago. A lot has changed since then, as the company has merged with 'competitor' PMI Gold. This merger has created a stronger combined entity with a lot of cash and two projects in the development stage. Construction has started at the Esaase project, and this will be the main focus of my article.

Source: company presentation

Even though Asanko Gold is a Canadian company, there's plenty of volume (the daily dollar volume is approximately $230,000) on its US listing, so it's absolutely not necessary to cross the border to buy shares.

As always, the images I use in my articles are sourced from...

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