Galiano Gold Inc (GAU)

[Talldude]

Brien Lundin weighs in on ASANKO (F.K.A.: KEEGAN) Oct 2012 coverage reported in Nov 2012 n/ltr

Gold Newsletter (Jefferson Financial)
http://goldnewsletter.com

With a career spanning three decades in the investment markets, Brien Lundin serves as president and CEO of Jefferson Financial, a highly regarded publisher of market analyses and producer of investment-oriented events. Under the Jefferson Financial umbrella, Brien publishes and edits Gold Newsletter, a cornerstone of precious metals advisories since 1971.

He also hosts the New Orleans Investment Conference, the oldest and most respected investment event of its kind.

2012-11-13 18:12 ET - In the News

Brien Lundin, in the October, 2012, edition of the Gold Newsletter, refreshes his buy of KEEGAN Resources Inc., recently $3.28.

Mr. Lundin said buy 12 times between
November, 2005, and May, 2012, at prices ranging from
$1.04 to $8.27.

Assuming an investment of $1,000 for each buy, the $12,000 position is now worth $14,143.

KEEGAN is working to improve the metallurgical process at its five-million-ounce Esaase gold project in Ghana.

It is reviewing alternative mine designs that could
A) decrease the forecast strip ratio, or
B) increase the ore feed grade.

Over all, the company hopes to decrease capital expenditures for the project.

KEEGAN will incorporate the results of its engineering work in a revised preliminary feasibility study, which it expects to release in early 2013.

The editor says he likes the company's management, which includes chairman Shawn Wallace. He says management can make Esaase operations more cost-efficient than illustrated in the previous PFS, released in September, 2011.

The gold bug says the company could attract attention from a major miner.

Buy the stock.

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Never heard of this guy Lundin before. Don't get over N'Orleans way much.

Just doing my DD.