Galane: Junior Miner With Bright Prospects Mar. 25, 2022 9:40 AM ETGalane Gold Ltd. (GGGOF)56 Comments15 Likes
Summary
Galane Gold Ltd. is a unique junior miner that combines current productivity with an ambitious strategic plan.
That plan includes successful debt reduction and the development of existing mines and recently purchased sites currently in maintenance status.
Galane has proven the ability to increase operational efficiency to promote an accelerating profitability.
The company is led by a talented and experienced team that is committed to the task at hand.
I believe that Galane Gold is a viable and promising speculative holding within a long-term portfolio.
Introduction
Galane Gold (OTCQB:GGGOF) is a very promising mining company that has made a number of important moves recently. These actions include selling the Galane Mupane gold mine in Botswana, enlarging the Galaxy gold mine in South Africa while improving its efficiency, and engaging in preparatory work on t recently purchased multi-ore Summit property in New Mexico. The Mupane sale has directly impacted Galane's balance sheet to the good, while expanding Galaxy and enhancing its efficiency and raising Galane's profitability potential.