InvestorsHub Logo

FL

Followers 1
Posts 993
Boards Moderated 2
Alias Born 03/20/2004

FL

Re: None

Tuesday, 05/16/2006 1:42:39 PM

Tuesday, May 16, 2006 1:42:39 PM

Post# of 2138
Tid-bit on Akrokeri-Ashanti Bonte Mine in Ghana

Here's a message I sent on a Ghana-related board. When last seen, the Akrokeri-Ashanti stock was on the Canadian NEX exchange, before trading was suspended.


Posted: Tue May 16, 2006 1:29 pm Post subject: Be careful about this Bonte Gold offer!
----------------- quote ---------------
bonte wrote:
Dear sir,
WE ARE BONTE GOLD MINNER (LTD),IN GHANA, WEST AFRICA
HERE IS A BRIEF SUMMARY OF WHAT WE HAVE TO OFFER:
1.PRODUCT: AU METAL(GOLD)/GOLD DUST
2.ORIGIN: GHANA,WEST AFRICA..
3.TYPE: ALLUVIAL DUST (GOLD).
4.PURITY: 22+ KARAT, OR 92%.
5. PRICE: $8,000USD
6, QUANTITY: 200KILOS
WE WISH INTERESTED BUYERS LIKE YOU TO COME WITH YOUR CONDITIONS OF PURCHASE AS NO UPFRONT PAYMENT IS NEEDED FOR US TO START OFF BUSINESS WITH YOU. UPON YOUR CONFIRMATION OF INTEREST, WE WOULD SEND A DETAILED FCO TO YOU, PREFERABLY VIA YOUR FAX NUMBER. AN URGENT RESPONSE WOULD BE APPRECIATED AS WE LOOK FORWARD TO DOING BUSINESS WITH YOU. Email bontegoldmines1@yahoo.com
----------------- end quote ------------------


Before you have anything to do with any "Bonte Gold Minner (Ltd.)" offer, check very carefully what is going on -- what is this company, is this real or a 419-type fraud scandal, etc. I'm not saying it is a fraud, just check everything yourself by independent means.

The Bonte Gold Mine was an alluvial (placer, gravel-scooping) mine, near Ahwereya south of Nkawie off the Kumasi-Bibiani road, in central Ghana. It had a lot of problems.

Shortly after I visited the Bonte Gold Mine a couple of years ago, it ran out of money, its creditors refused to waive payment, and it became insovent. The entire management resigned. The mine officially closed down, and the parent company (Akrokeri-Ashanti Gold Mines of Toronto, Canada) also went insolvent, and they had to leave Ghana in a hurry. The stock shares became worthless, I thought. It was a financial, mining and ecological mess. I assumed that the big Moulsen concentrators, that separate out the heavier gold particles from the gravel, would belong to the creditors because Bonte and Akrokeri-Ashanti could not pay their bills. I thought that the concentrators would be repossessed by the creditors.

So it is strange to see this offer from a "Bonte Gold Miner Ltd." (Does this mean that the shares of Akrokeri-Ashanti Gold Mining are now worth something again? I will be glad to hear it.)

I don't see how this Bonte Gold Miner company could come back to life. Or is this a new and different company? Are these galamsey operators? Is it real at all?
_________________
Yours truly, FL

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.