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According to the response on Facebook it seems they will release the news tomorrow pre-market. I added some more. Dont want to miss the run!!!
They promised the management update this month and it seems finally will see what is all about. You are right, the seem to be exited about it , so it could only bee good news. If they get some big players on board we should see blue skies from now on. Go Fareeee!!!$$$$
Exited about the news tomorrow. Weeeeee. Would it be Richard Branson joining the board? That would be huge. It could also be a joint venture with a bigger player. I smell $$$$$$!$.
This was posted in the Facebook page as feedback to an investor.
Hi Mark,
Thank you for investing in World Moto. A management update will be released on Tuesday morning, before the market. After the update, if you have any questions, just call or email at: invest@worldmoto.com
Best,
WM
Right and then you load up the cheap shares. Keep dreaming loser. You will missed the run and go back to your loser life. LOL
We will see new highs tomorrow. Weeeee.
I will see you at 1$
200,000 ounces per year sounds good enough for me$$$$$$$$$.
NEWS OUT today!!!!
Port St. Lucie, FL - Ghana Gold Corporation (OTC PINK: GGCO) announced today that it is currently in advanced negotiations with an important engineering firm, which has been selected to become the operating partner of the company's gold concessions.
According to the company, the negotiations are headed by its majority shareholder, the WSA through its specialized Agency, WSAIBC on behalf of Ghana Gold Corp. The operating agreement will have several deliverable including planning and design, construction of infrastructure as well as ongoing mining operations. The selected engineering firm is a well established company with tremendous experience in gold mining, as well as diamond mining in Africa and Australia. Their customers are some of the world's largest mining companies. The name of the selected firm is currently protected under a confidentiality agreement and will only be released to the public once the agreement is concluded.
The company expects that this complex operating agreement to be concluded within the next 30 days.
"Our focus continues to be the same, and turn Ghana Gold into a major producer with our objective of producing 200,000 ounces per year"Âť said Mac Shahsavar, Chairman and CEO of Ghana Gold Corp. "We are working closely with our majority shareholder to obtain the best industry providers as well as the required financial support needed to achieve our corporate objectives and create sustainable shareholder value for many years to come"Âť further added Mr. Shahsavar.
Further information can be read on the wsaigo (WSA) website at www.wsaigo.org
About Ghana Gold Corp.
Ghana Gold Corp. is a gold exploration and alluvial gold production company with properties in the Republic of Ghana. Ghana Gold Corp. seeks to expand operations to other neighboring African countries, which have a great gold mining opportunities.
This co. Will go up big time.is currently been manipulated but that is about to stop.
Ghana Gold Corp. Announces the Appointment of Head of Operations
PORT ST. LUCIE, Fla., June 6, 2013 /PRNewswire/ -- Ghana Gold Corp. (OTC Markets: GGCO) announced today the appointment of Mr. Chris Ellom as Head of Operations in Ghana. Mr. Ellom is a native of Ghana and a Canadian Citizen.
Chris Ellom was educated in England and in Canada with a background as an Engineering Technologist. In 2010, Chris returned to his birth place and founded the Smile Africa initiative focused on providing books and computers to children, with the purpose of reducing and one day eliminating illiteracy.
Through this endeavor, Chris established relationships with government officials and business leaders, providing him with access and opportunity few others have. Along with managing his company, Chris has been providing services to foreign companies looking to establish operations in Ghana.
Chris will be in charge of all Ghana Gold Corp. operations, overseeing the alluvial production and coordinating the company's hard rock test drilling program, day to day operations and staffing.
With the recent agreement with the WSA, Ghana Gold Corp. is committed to having the best people, along with experience and a real understanding of cultural and environmental issues in Africa. "We have that in Chris and look forward in Ghana Gold Corp. establishing itself as a leader in business, cultural and environmental areas," stated Mac Shahsavar, Chairman and CEO. The company expects to announce additional management team members and a phased growth plan to implement new mining operations in the foreseeable future.
About Ghana Gold Corp.
Ghana Gold Corp. is a gold exploration and alluvial gold production company with properties in the Republic of Ghana. Ghana Gold Corp. seeks to expand operations to other neighboring African countries, which have a great gold mining opportunities.
Its time to load up if you dont want to miss the run.
If we all keep the ask high they will be force to cover big time.
There is a big potential here folks. Dont be fool by the shorts and MM manipulation.
Ghana Gold Corp. Receives Endorsement and Support from the Government of Central African Republic.
PORT ST. LUCIE, Fla., June 12, 2013 /PRNewswire/ -- Ghana Gold Corp. (OTCMarkets: GGCO) announced today that it has received the complete support from the government of the Central African Republic to accelerate the development of its gold reserves.
The company is pleased to report that a strategic meeting was held in the presence of the World Sports Alliance ("WSA"), and joined via conference call by the President of the Central African Republic, Mr. Michael Djotodia, to discuss accelerating the plan to commence production and further the development of the newly acquired gold reserves within the Central African Republic.
"We will strive with energy and determination to rebuild the Central African Republic, with the support of all people of goodwill such as WSA and its partners," said H.E. Mr. Michel Djotodia, the President of the Central African Republic. "It is now time that our resources be used and distributed to the service of the public interest, that is, in a few words, what we hope to accomplish with WSA," further added the President.
"WSA is a tremendous partner to Ghana Gold and continues to assist and facilitate our operations in the Central African Republic to develop these vast assets," said Mac Shahsavar, Chairman and CEO of Ghana Gold Corp. "The endorsement and support of President Djotodia will greatly expedite operations and demonstrates our close working relationship with the Government of the Central African Republic," added Mr. Shahsavar.
http://www.nasdaq.com/article/world-sports-alliance-intergovernmental-organization-wsa-fast-track-development-of-the-implementation-plan-for-the-wsa-nrm-gold-ppp-in-car-20130612-00468
NEW YORK, April 9, 2013 /PRNewswire/ -- The World Sports Alliance Intergovernmental Organization is pleased to announce the signing of a Letter of Intent with Ghana Gold Corp. to grant the mineral exploration, production and commercialization rights to gold concessions with USD $5 Billion in recoverable gold in the Central African Republic ("CAR").
According to the Letter of Intent and Planned Transaction, the WSA-IGO, through WSA Global (the "WSA Integrator") will grant to Ghana Gold Corp. mineral exploration, production and commercialization rights to gold concessions in the Central African Republic to enable the WSA Integrator to provide the necessary means for the deployment of the WSA-IGO's socio-economic initiative within the WSA member state of the Central African Republic.
The mineral exploration, production and commercialization rights will be granted directly by the WSA-IGO in such a manner as to enable Ghana Gold Corp. to operate under the permits, agreements and approvals of the WSA-IGO, the whole under the umbrella offered by the Intergovernmental Organization, but within the Central African Republic. The mining rights to be acquired by Ghana Gold Corp. will relate to USD $5 Billion in recoverable gold.
According to the terms of the Letter of Intent, Ghana Gold Corp. will issue a controlling block of 500 million restricted common shares, a $250 million, 10-year corporate debenture carrying yearly compounded interest of 6% and the remittance of net smelting royalties of 2.5%. Ghana Gold Corp. will also be required to commit to a 10 year work program.
Within the framework of this transaction and of the issuance of the 500 million restricted common shares, the WSA Integrator shall convey to the other WSA member states (the "Recipients"), a total of five percent (5%) of the shares issued in consideration of the mining rights. Thus, thirty (30) WSA member states will each receive 833,333 restricted common shares of the capital of Ghana Gold Corp. to be remitted to the WSA-Member State Development Funds created within the scope of the development of the WSA's Socio-Economic Initiative within the territory of each Recipient Member State.
"We are pleased to be working with this dynamic team with extensive experience in gold mining operations and, particularly in Africa," said H.E. Amb. Alain Lemieux, President of the World Sports Alliance Intergovernmental Organization. "We understand that Ghana Gold is a young company, but we are prepared to offer the necessary support and assistance to see this enterprise develop into a major gold producer," further added Mr. Lemieux.
About the WSA-IGO
The World Sports Alliance Intergovernmental Organization created under the 1969 Vienna Convention with the distinguishing factor being that the WSA does not solicit contributions from its Member States but rather is a self-funded organization with a business model based on establishing Public-Private-Partnerships ("PPP"). The World Sports Alliance Intergovernmental Organization currently has 31 member states including but not limited to the Kingdom of Morocco, the Dominican Republic, the Republic of Panama, the Central African Republic, the Republic of Ghana, the Republic of Congo, and the Republic of Chile.
For more information on the World Sports Alliance, please visit the website at www.wsaigo.org
WSA-IGO Headquarters: Tel. +1 (212) 202-1629
Mr. Olivier M. Latulippe, Chief of Staff of the Executive Office of the President
Tel. +1 (646) 299-9091
Email: presidentlemieux@wsaigo.org
About Ghana Gold Corp.
Ghana Gold Corp. is a gold exploration and alluvial gold production company with properties in the Republic of Ghana. Ghana Gold Corp. seeks to expand operations to other neighboring African countries, which have a great gold mining opportunities.
Investor Relations, info@ghanagoldcorp.com
Very good points. I think the potential/risk ratio here is positive. Time will tell.
It is not usual for a co. to have real revenues at this price level and it only can get better with the recent announcements. This co. Will see blue skies pretty soon.
You can see many people trying to bash this stock but nobody provide facts.
The facts are:
This co. Is already producing GOLD
Has real revenue and is increasing
Recently bought a 5 billion gold reserve.
Recently got WSA involved and the president go ahead to further development.
So bashers where are your facts to support your claim that this is a scam.
This is going to have a big run. Adding more here.
Can any basher here proof the president endorsement and the WSA contract is false news. I dont think so. Its so obvious that MM are playing games and shorts protecting their short positions.
The upside potential is just to good to ignore it.$$$$$$$$$
50% of volume yesterday was shorts. They will cover sooner than later.
I m buying the fear here. Anyone who knows to read L2 knows whats going on.
You better cover while you can. Just saying.
MM and shorts trying to scare week hands and loading big. Did anybody noticed the big blocks on the bid. This play is just starting.!!!
Nice to see a Green close. Shorts will have to cover soon=$$$$$$$$!.
Smart money loading here.
Power hour coming. More news to morrow. Lets rock$$$$$
Relax. This is not a 1 day play.
Thats not very smart but good luck. I ll be loading all the way.
Go ahead and short this one. LOL
Wrong. Stop lying.
Certanly.
It all depends on the brokers used to short. If the buying pressure increase they might be forced to buy. Something similar happened with LOTE and the price went up to 20$.
So you are the smart guy and WSA is a bunch of idiots? LOL. I suggest you cover now if you are short.
This company is producing GOLD already and just got a 5 Billion worth land, support from the President. I would say there is big upside potential here in the short and long term. Not to mention a possible massive short squeeze. I am loading for the run.$$$$$$
News coming soon. I m watching big blocks on the bid. Go FARE$$$$$
We are on a huge win streak and we are looking to keep it going.
Don't waste another second and begin to research GGCO immediately.
This one is sitting right at .03 and is priced right where we like it.
CATALYSTS:
1. SHORT SQUEEZE
2. Producing Revenues Already
3. Significant Gold Reserves
4. $5 Bill recent Acquisition
5. Government Support
Technically this company is set up for a massive bounce. This is monumental opportunity that must not be overlooked.
Activity started to pick up at the end of last month and since then we have seen GGCO settle into a tight channel over the past few sessions.
Right now it is sitting at the bottom of the channel after we saw some heavy selling pressure about a week or so ago. The pressure that we saw wasn't your normal selling that we regularly see on the OTC. This consisted of large blocks on the offer and small blocks on the bid. This is a tell tale sign of a market maker trying to unload what he has shorted.
The problem for the shorters is that GGCO has been illiquid over the past few days and has shown the ability to move up very easily on light volume. We are sitting on the brink of what could be an imminent short squeeze.
Recently GGCO has announced that it has officially closed the acquisition of the $5 Bill Gold Property with World Sports Alliance Inter-Governmental Organization.
Yeah that's right, I said 5-BILLION!
To top it off, they just announced yesterday after the close that the received support and endorsement from the Government of the Central African Republic.
A strategic meeting was held in the presence of the World Sports Alliance ("WSA"), and joined via conference call by the President of the Central African Republic, Mr. Michael Djotodia, to discuss accelerating the plan to commence production and further the development of the newly acquired gold reserves within the Central African Republic.
READ MORE: http://finance.yahoo.com/news/ghana-gold-corp-receives-endorsement-201800727.html
This is enormous news. I have studied mining companies operating in Africa for years. If they don't have the government on board, the property is pretty much useless. GGCO has already achieved this tremendous obstacle and has the go ahead to move forward!
Remember that this is a U.S. friendly government that operates Democratically. We aren't dealing with War lords and militias.
JUKWA CONCESSION
The Corporation’s first foray in Ghana - this sprawling concession in the Western Region has proven a fruitful springboard to other lucrative opportunities.
GGCO holds a Joint Venture mining development agreement with Pioneer Projects & Services Ltd, the License owner of the Jukwa Concession (Pioneer) with a 40% net of all production.
The 133.3 sq. km Jukwa Concession is situated at the central portion of the Kumasi basin in the Ashanti Asankragwa belt, one of Ghana's main gold belts. Production at the site commenced February 2011 on less than 3% of the land area and has produced over 31,000 grams over 23 months, or an average of 1,347 grams per month.
GGCO owns four concessions: The Jukwa Concession, Offinso Gold Fields at Ahenkro, Brofoyedro at the River Pra, and it's newest gold concession, Grumesa on the Ofin River (read more).
PRODUCTION & REVENUES
On Jan 29th, the company announced 2012 production results of nearly 19,000 grams in their first year of production. As stated in the release, at appx. $50/gram, it amounts to $949,573. in gross revenue.
In the company's most recent Production Results release, GGCO announced the Jukwa Concession produced 1,847 grams of Gold in March as compared to 1,349 the year before - resulting in a 32% increase.
So they are already producing gold, not hoping to find it somewhere!
Start your research immediately. You can find what you need here: http://finance.yahoo.com/q?s=ggco&ql=1
I will have updates throughout the day.
Sincerely,
The Winston Team
This is being promoted by several newsletters. Shorts will be forced to cover and we will see a big run.$$$$$$$)