** GGCO Is Our Dirt Cheap Bottom Bounce “Golden” WILD Super Bowl Alert **
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[1] [2] [3] [4] RECENT WINNERS: YBTVQ: +4233% SCNG: +660% STHG: +1100% WSRA: +700% SNPK: +130% OUR NEW WILD PICK IS…
[5]GGCO (Ghana Gold Corp.) Good Evening Fellow Traders, Our New WILD Alert is [6]GCCO [7]GCCO closed on Friday, the 1st of February at 0.0389 Please begin your research at the company website [8]www.ghanagoldcorporation.com/
[9]GCCO recently became the target of some major investor interest. Since January 14th, volume has skyrocketed from virtually nil to upwards of 1M in trading volume per day.
Despite some major overhauls at this company the stock traded down from 1.50 on the 18th of December to a mere 0.0389 where it stands today, and this is where we love to get in – when its dirt cheap.
The last 5 trading sessions has created a support zone, and we are sending this WILD alert right at these levels giving us an incredible risk reward ratio, and an almost perfect bottom bounce scenario.
The first resistance area facing [10]GGCO is at 0.1 where price was breached on the 24th of January. That support, now turned resistance area lay strong for 9 trading sessions since the 10th of January.
The second, less firm resistance area, is the high created on the 15th of January at 0.23. Beyond that is just clear skies northward.
Both resistance areas create tremendous gains from our current levels.
Resistance area 1 would provide 143% GAINS! Resistance area 2 would provide 436% GAINS from current levels! WHAT DOES GGCO DO Ghana Gold Corporation is a gold exploration and development company in production in Ghana. Ghana is among the most mining friendly countries in the world with staunch land title regulations. As Africas second largest gold producer with an estimated 2 billion ounces still un-mined, mining concessions in Ghana are among the most sought after in the world.
The management of Ghana Gold Corporation has invested years in planning and developing local and national relationships with cultural and government leaders, both key to its strategic land positions on the world-famous Ashanti Gold Belt.
COMPANY IS POISED FOR SOME MAJOR MOVEMENT IN 2013 * The [11]recent hire of a highly credentialed licensed geologist, Kwabena Ata Mensah as Principal Geologist…
* Subsequent findings by the geologist confirms that their current permit also lies within “Ghana`s Golden Triangle that has produced 168 million oz of gold” * [12]GGCO produced 18,878 grams in 2012 with annual gross revenues of [13]949,573, and expects to increase production by 20% in 1Q 2013.
ONGOING GGCO PROJECTS Ghana Golds Corporation projects range from alluvial production to exploration of hard rock concessions. Current production has commenced with alluvial (surface mining) while the team prepares to conduct testing for hard rock deposits within existing properties.
The Corporation is also constantly reviewing new gold projects to further expand its mining options and bring added value to shareholders.
Ghana Golds FOUR current portfolios of properties provide the company both lucrative immediate gold positions while also providing for future growth requirements.
In addition to its producing site in Western Region, management has secured alluvial and hard rock sites on the world-famous and proven Ashanti Gold Belt.
The Jukwa and Grumesa sites serve as a significant springboard for Ghana Golds leap into the big leagues of hard rock producers in 2013 PROJECT 1 – JUKWA CONCESSION The Corporations first foray in Ghana, this sprawling concession in the Western Region has proven a fruitful springboard to other lucrative opportunities.
Located on the western fringe of the Ashanti Gold Belt on one of Ghanas most prolific rivers, the Ankobra, this concession sits in an ideal geographic setting in the low-laying river bed.
Production yields have surpassed even the most optimistic forecasts with the team capturing an average of nearly 1.0 gpt.
Test results and production forecasts in a more favorable location at the northern tip of the concession have future projections exceeding current ratios.
Due to its relationships with the community, Ghana Gold Corporation has a remarkable opportunity to increase production on this expansive site.
PROJECT 2 – GRUMESA ON THE OFIN RIVER Ghana Golds newest development is near the tiny village of Grumesa in the Ashanti Region.
Located very near to the world famous AngloGold Ashanti mine in Obuasi Ghana, infrastructure has been built and the company is set to commence production on its second site.
Although only a small footprint in relation to Ghana Golds other land holdings, advance alluvial tests results proving exceptional.
Directly on the shores of the Ofin River with the mountains of Obuasi in view, the physical settings of the Grumesa site make these locations the definition of where to mine for alluvial gold.
Management plans to make the most of this location in the coming months before moving onto the expansive reserves at Brofoyedro and Ahenkro.
PROJECT 3 – OFFINSO GOLD FIELDS AT AHENKRO Ideally located only 45 km northwest of Kumasi, Ghanas second largest city, the Ahenkro site is situated at the northern end of the famously mineralized Ashanti Gold Belt.
The Ashanti Gold Belt is home to many of the worlds gold industry giants, including; AngloGold Ashanti, Resolute, Goldfields, Cluff Gold and Golden Star Resources. Newmont Mining, one of the worlds largest gold companies in the world neighbors the site.
The Ahenkro, 102.05 square kilometers or about the size of Washington DC, has been in the study and planning stage for over ten years and is now in the final stages of approval.
In line with the Ghana Gold Plan, management will commence with alluvial production while commencing with thorough hard rock drill testing.
PROJECT 4 – ROFOYEDRO AT THE RIVER PRA With options for up to 80 Small Scale Concessions with a land mass approaching 2,000 acres on one of Ghanas most prolific rivers, The Pra, Ghana Gold is set-up for years of fruitful alluvial mining.
Seldom are alluvial opportunities concentrated in such a mass of land. Located in Ghanas Central Region, the Brofoyedro is mid-way between Ghanas largest cities of Kumasi and the capital of Accra.
Management is prepared for an aggressive and prolonged approach to harvest the alluvial reserves at the Pra.
PRESS STATEMENT ANALYZING 2012 RESULTS AND 2013 EXPECTATIONS PORT ST. LUCIE, Fla., Jan. 29, 2013 /PRNewswire/ — Ghana Gold Corporation (GGCO) is pleased to announce that in 2012 it produced a total of 18,878 grams (approximately $50 per gram and $949,573 gross annual revenues) in its first year of production (Production reports are based upon a consolidation of WAP and Ghana Gold Production).
Management`s goal is to increase production by 20% in the first quarter of 2013. This will be achieved with the implementation of new equipment and concentration of alluvial efforts targeting expansion to the SW corner of the 133 sq km Jukwa Concession. The Company plans in February to commence mining in its new target zone within the Jukwa where test results have reached 2.5 gpt.
Continue reading [14]here.
IN SUMMARY:
[15]GGCO seems to be making all the right moves – 1. They have [16]cultivated relationships in one of the worlds prolific gold mining countries, 2. [17]Recently hired a top professional geologist with 20+ years in gold mining experience, 3. The geologist has already [18]identified additional major potential in [19]GGCO owned area already established as “Ghana`s Golden Triangle”.
4. Investor interest skyrocketing as volume in last 10 ten days sometimes [20]exceeding 1M, 5. Support zone lasting 5 sessions at this 52 week low may be identified as a terrific bottom bounce opportunity 6. First resistance area 0.1 for 143% GAINS from current levels, 7. Second resistance area 0.23 for 436% GAINS from current levels.
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9. http://stockcharts.com/h-sc/uis=GGCO 10. http://stockcharts.com/h-sc/uis=GGCO 11. http://finance.yahoo.com/news/ghana-gold-engages-principal-geologist-123000704.html 12. http://stockcharts.com/h-sc/uis=GGCO 13. http://finance.yahoo.com/news/ghana-gold-corporation-announces-production-123000420.html 14. http://finance.yahoo.com/news/ghana-gold-corporation-announces-production-123000420.html 15. http://stockcharts.com/h-sc/uis=GGCO 16. http://finance.yahoo.com/news/ghana-gold-corporation-announces-information-123000964.html 17. http://finance.yahoo.com/news/ghana-gold-engages-principal-geologist-123000704.html 18. http://finance.yahoo.com/news/ghana-gold-announces-expansion-plan-012000965.html 19. http://stockcharts.com/h-sc/uis=GGCO 20. http://finance.yahoo.com/q/hps=GGCO+Historical+Prices 21. http://www.stocksgonewild.com/
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