Replies to post #362 on Gold Exploration in West Africa

[Ed Monton]

15.4 million shares outstanding with 857,000 share purchase warrants so its got about 16.2 million fully diluted. They have $1 million from a recent financing.

They control 68% of Columbia River Resources (remember them from when I was researching Moydow). Columbia controls a 108 sk km extension of the Sefwi gold belt where Newmont recently bought out Moydow.

They also have a couple of other properties in Ghana, Twedee and Moseaso.

I wish I had seen this one a couple of days ago but I won't chase it now!

[FL]

Columbia River (CRVV) as alternate to AGG.TO?

African Gold Group (AGG.TO) seems to own as its main property Mankranho in the Ahafo area of Ghana, through its ownership of 68.8% of the American company Columbia River Resources, Inc. Columbia River is also publicly traded (very thinly) as a Pink Sheets stock with the symbol CRVV. Columbia River apparently owns the Mankranho property more directly, without the other properties. The Columbia River stock has recently doubled from US$0.10 to US$0.20 during the month of March -- whereas African Gold Group seems to have doubled in a couple of days right after the Toronto listing.

Which is the better way to buy into the Mankranho property?

Again, Trading Fool might want to consider adding CRVV to the list of Ghana explorers.

FL