GGCO -Ghana Gold Corporation Mega dd
GGCO Company Overview and Description
Exploring and Developing Gold Projects in Ghana, West Africa
Ghana Gold Corporation is a gold exploration and development company in production in Ghana. Ghana is among the most mining friendly countries in the world with staunch land title regulations. As Africa’s second largest gold producer with an estimated 2 billion ounces still un-mined, mining concessions in Ghana are among the most sought after in the world.
The management of Ghana Gold Corporation has invested years in planning and developing local and national relationships with cultural and government leaders, both key to its strategic land positions on the world-famous Ashanti Gold Belt.
GGCO Key Company Management
Mr. Robert Kirkcaldy is its New President and Chief Operating Officer (COO). Mr. Kirkcaldy will be responsible in managing the daily operations of Ghana Gold. Elaine Affleck will continue as Chairman of the Board and CEO of the Company.
GGCO Contact Info
Ghana Gold Corporation
http://www.Ghanagoldcorporation.com
Contact: Robert Kirkcaldy, President and COO
Ghana Gold Corporation
For further Information and inquiries please call: 866-340-3095
GGCO Recent Developments
SEC Filings
http://www.otcmarkets.com/stock/GGCO/filings
GGCO Headlines
http://www.otcmarkets.com/stock/GGCO/news
Thursday, January 17, 2013
Ghana Gold Corporation Announces Resource Information on Jukwa Concession
PR Newswire (Thu, Jan 17)
Ghana Gold Corporation Announces Acquisition of West African Projects Consult Ltd. (WAP)
PR Newswire (Tue 7:30AM EST)
Friday, January 11, 2013
Ghana Gold Corporation Completes Corporate Restructuring And Appoints Robert Kirkcaldy As President And COO
PR Newswire (Fri, Jan 11)
Tuesday, August 14, 2012
GHANA GOLD CORP. Financials
EDGAR Online Financials (Tue, Aug 14)
Saturday, July 14, 2012
GHANA GOLD CORP. Financials
EDGAR Online Financials (Sat, Jul 14)
GGCO daily chart: Newly restructured Company
http://www.profitspi.com/stock/stock-charts.ashx?chart=GGCO&cid={23625c99-9f8f-421b-ae39-489519660bcb}
GGCO Products and Services
Ghana Gold’s Corporation projects range from alluvial production to exploration of hard rock concessions. Current production has commenced with alluvial (surface mining) while the team prepares to conduct testing for hard rock deposits within existing properties.
The Corporation is also constantly reviewing new gold projects to further expand its mining options and bring added value to shareholders.Ghana Gold’s current portfolios of properties provide the company both lucrative immediate gold positions while also providing for future growth requirements.
In addition to its producing site in Western Region, management has secured alluvial and hard rock sites on the world-famous and proven Ashanti Gold Belt.
The Jukwa and Grumesa sites serve as a significant springboard for Ghana Gold’s leap into the big leagues of hard rock producers in 2013
Ghana Gold Corporation has focused its exploration and acquisitions on the well-mineralized Ashanti Gold Belt. The Ashanti has long been hailed as one of the world’s major sources of gold. Most of Ghana’s past production of over 120 million ounces derived from the Ashanti belt. The Ashanti, is home to several of the world’s major producers, including Anglo Gold Ashanti in Obuasi; where reports indicate an average production of 1,100 kilo per month. Still even with a prolific past history of gold production, there is an estimated 2 billion ounces of un-mined gold within Ghana. Ghana Gold Corporation will continue to utilize its’ hybrid plan of exploration and production by immediately commencing alluvial production while simultaneously undertaking the more time consuming process of hard rock reserve testing and evaluation.
GHANA
Ghana is home to many of the largest and most successful gold mines in history. It is widely believed that Ghana still contains much of the world’s untapped gold reserves.
Reports suggest that Ghana is #10 in the world with the most Gold reserve deposits exceeding 1 million ounces. Essential in unlocking the untapped minerals in the country is the proactive efforts of Ghana’s leaders. The government of Ghana is committed to development of the country and has a proven record of encouraging investment through private sector development. Through several of its Ministries, including Ghana’s Investment Promotion Center (GIPC), Ghana actively promotes entrepreneurship and believes in creating a competitive climate for local and foreign investment. We believe that, at this moment in history, Ghana provides an opportunity for long-term company growth for those who have the vision.
History
In pre-colonial times, present-day Ghana was one source of the gold that reached Europe via trans-Saharan trade routes.
The area has produced and exported gold for centuries, in fact its’ name in colonial times was “The Gold Coast”. During its time under British rule Ghana suffered significant under-development in its infrastructure as the emphasis at the time was on short-term profit from trade. After independence in 1957 the country was left with only limited trade in several commodities and relatively no manufacturing base. Ghana imported manufactured goods from abroad and the government relied heavily upon duties levied on external trade for revenue.
This imbalance meant that there was little or no funding for infrastructure improvements or manufacturing industry development. The government has therefore been trying to improve its position from that era and is now actively seeking foreign investment to help it improve its situation. This was one of Ghana Gold’s key factors in our decision to focus on Ghana for our mining operation.
Government
Ghana is the oldest democratic independent state in Africa, which celebrated its 50 year anniversary in 2007. With a constitutional multi-party democracy, free and fair elections are held every four years. Freedom of speech, a fully independent media, religious freedom and mutual respect and tolerance of differing religions make Ghana a safe prospect for investors.
Another factor making Ghana attractive to foreign investment is bank de-regulation. The Central Bank introduced a floating exchange system allowing foreign investors to hold foreign exchange with any bank they choose. This allows investors to more easily extract profits from the country. The Ghana Investment Promotion Centre strives to assure foreign investors that profit may be repatriated, that property will not be reclaimed and that foreign exchange may be freely moved. In recent years, the government has made concerted efforts and has allocated significant resources to upgrading the nation’s infrastructure.
The Judicial legal system is based on British common law, customary (traditional) law, and the constitution. Court hierarchy consists of Supreme Court of Ghana, Courts of Appeal, and High Courts of Justice. Below this structure are the Circuit, Magisterial, and Traditional Courts.
Having lived and worked in Ghana for over four years, the management of Ghana Gold Corporation has excellent contacts and relationships within Ghana at all levels.
Mineral Reserves
Ghana’s stable and established democratic system has attracted most of the world's major gold producers including AngloGold Ashanti, Newmont, Golden Star and Goldfields. Ghana is rich in minerals; the major ones currently being mined are gold, manganese, bauxite and diamonds.
Unlike most of the world, government policy strives to streamline procedures and “red tape” that normally discourage investment. Knowledge of mineral reserves is constantly increasing - under the Mining Sector Support Programme (MSSP) being implemented with European Union financial and technical assistance, around one-third of the surface area of Ghana is being covered with airborne geophysical surveys, whilst detailed geological field-mapping continues at the nation’s major mining areas. Ghana has in the past decade discovered oil off its coast in the Western Region. Named the Jubilee Oilfields, crude production has been underway for the past two years.
GGCO Financial Reporting/Disclosure & Security Details
OTC Pink™ Current Information
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group Guidelines for Providing Adequate Current Information (pdf) are designated as OTC Pink Current Information.
GGCO follows under these guidelines on the OTC Pink current information market tier.
Investigate more @ http://www.otcmarkets.com/stock/GGCO/quote for more due diligence.
GGCO Share Structure
Per Sept 30, 2012 10Q
http://www.otcmarkets.com/financialReportViewer?symbol=GGCO&id=95839
http://www.otcmarkets.com/financialReportViewer?symbol=GGCO&id=95838
Authorized - 250,000,000 common shares, par value $0.0001
Issued and outstanding, 200,098,000 shares
GGCO — Attorney Letter with Respect to Current Information
Published: Dec 03, 2012 Period End: Sep 30, 2012 Status: Active Download Report
http://www.otcmarkets.com/financialReportViewer?symbol=GGCO&id=95871
Transfer Agent(s)
Signature Stock Transfer, Inc.
2632 Coachlight Ct.
Plano, TX, 75093
972-612-4120
SignatureStock@aol.com
Incorporated In: NV, USA
Year of Inc: 1995
Company Notes
Formerly=National Pharmaceuticals Corp. until 7-2012
Formerly=Medical Institutional Services Corp. until 12-2009
Formerly=Go Call Inc. until 10-06
Formerly=Omni Advantage, Inc. until 3-98
Security Notes
Capital Change=shs decreased by 1 for 500 split Pay date=10/23/2006.
Capital Change=shs decreased by 1 for 1000 split Pay date=12/04/2009.
Capital Change=shs decreased by 1 for 1000 split. Ex-date=07/11/2012.
Before You Invest - Investigate! Always do your own due diligence
A critical part of the due diligence: Please be aware, that upon completion of in-depth due diligence there is still a risk factor in all forms of investing.
Please note not all company websites are updated on a regular basis so you should use additional content sources to ensure accuracy.
Resources used in this post: otcmarket.com, www.bloomberg.com, www.finance.yahoo.com, GGCO website
GGCO Company Overview and Description
Exploring and Developing Gold Projects in Ghana, West Africa
Ghana Gold Corporation is a gold exploration and development company in production in Ghana. Ghana is among the most mining friendly countries in the world with staunch land title regulations. As Africa’s second largest gold producer with an estimated 2 billion ounces still un-mined, mining concessions in Ghana are among the most sought after in the world.
The management of Ghana Gold Corporation has invested years in planning and developing local and national relationships with cultural and government leaders, both key to its strategic land positions on the world-famous Ashanti Gold Belt.
GGCO Key Company Management
Mr. Robert Kirkcaldy is its New President and Chief Operating Officer (COO). Mr. Kirkcaldy will be responsible in managing the daily operations of Ghana Gold. Elaine Affleck will continue as Chairman of the Board and CEO of the Company.
GGCO Contact Info
Ghana Gold Corporation
http://www.Ghanagoldcorporation.com
Contact: Robert Kirkcaldy, President and COO
Ghana Gold Corporation
For further Information and inquiries please call: 866-340-3095
GGCO Recent Developments
SEC Filings
http://www.otcmarkets.com/stock/GGCO/filings
GGCO Headlines
http://www.otcmarkets.com/stock/GGCO/news
Thursday, January 17, 2013
Ghana Gold Corporation Announces Resource Information on Jukwa Concession
PR Newswire (Thu, Jan 17)
Quote:Tuesday, January 15, 2013
PORT ST. LUCIE, Fla., Jan. 17, 2013 /PRNewswire/ -- Ghana Gold Corporation; (GGCO) is pleased to announce the following information on its Jukwa Concession.
Ghana Gold holds a Joint Venture mining development agreement with Pioneer Projects & Services Ltd, the License owner of the Jukwa Concession (Pioneer). Ghana Gold acquired these rights with the acquisition of the West African Projects (WAP), which has benefited from this production since completion of their agreement with Pioneer in January of 2012.
Terms of the JV agreement give Ghana Gold 40% net of all production from the site. 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. Testing has been ongoing since 2009 and will continue which includes mapping, geochemical soil sampling, pitting and trenching for alluvial and rock sampling. Auriferous gravels were discovered both in valleys and on terraces along the banks of the Ankobra River. 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.
Robert Kirkcaldy, President and COO of Ghana Gold commented that, "The Company will continue its strategy to harvest alluvial gold while conducting Junior Mining hard rock testing. The Jukwa concession is truly enormous and with the implementation of additional equipment, Ghana Gold is confident that monthly production will increase."
Ghana Gold Corporation Announces Acquisition of West African Projects Consult Ltd. (WAP)
PR Newswire (Tue 7:30AM EST)
Quote:
PORT ST. LUCIE, Fla., Jan. 15, 2013 /PRNewswire/ -- Ghana Gold Corporation; (GGCO) is pleased to announce it has acquired 100% of West African Projects Consult Ltd. (WAP).
Ghana Gold Corp. will benefit from the work WAP completed over the last four years locking-up alluvial locations and hard rock mining concessions totaling well over 100 sq km. These include Jukwa Concession which is already in production as well as Grumesa on the Ofin River Concession, Offinso Goldfields at Ahenkro and the Brofoyedro Concessions at the River Pra.
These concessions are located in close proximity to proven gold reserves of some of the major companies in the industry, including; Anglo Gold Ashanti, Newmont and Chirano. Alluvial mining production on the Jukwa concession has generated approximately $1 Million in revenues. Management expects to be able to double this production on an annualized basis within the next six to nine months, as operations expand and with the purchase of additional equipment.
The Company strategy is to continue to expand alluvial mining production growing annual recurring revenues which also support additional geotechnical engineering to improve mining planning, efficiency and profitability as well as to identify appropriate hard rock drilling sites.
Mr. Robert Kirkcaldy, President and COO of Ghana Gold Corporation, commented, "The company will prove up reserves both in alluvial as well as implementing its hard rock drilling program. We are very excited about the near term and long term prospects that lie ahead for the Company." He further stated, "These concessions are strategically located in close proximity to some of the most prolific gold mines in the world. We will spend years just determining the extent of these reserves. This is truly an exciting time for Ghana Gold Corporation." "Management is committed to continue to update shareholders as to the progress of operations on the Jukwa site as well as progress in the areas of additional geology reporting, new equipment procurement, and further development of concessions as well as additional exploration and resource development," concluded Mr. Kirkcaldy.
Friday, January 11, 2013
Ghana Gold Corporation Completes Corporate Restructuring And Appoints Robert Kirkcaldy As President And COO
PR Newswire (Fri, Jan 11)
Quote:
PORT ST. LUCIE, Fla., Jan. 11, 2013 /PRNewswire/ -- Ghana Gold Corporation; (GGCO) is pleased to announce the appointment of Mr. Robert Kirkcaldy as its New President and Chief Operating Officer (COO). Mr. Kirkcaldy will be responsible in managing the daily operations of Ghana Gold. Elaine Affleck will continue as Chairman of the Board and CEO of the Company.
In May of 2012, GGCO formalized a new direction for the company to focus on gold exploration and development in Ghana, West Africa. Ghana is a proven and gold abundant country. Ghana is among the top ten gold producing countries in the world and part of the original Africa "Gold Coast" containing many of the most desirable and prolific gold production areas known today.
The management of Ghana Gold Corp has spent much of the last year locking-up certain mining concessions with West African Project Consultants, Ltd for alluvial locations and hard rock mining concessions. The management of the Company is confident that its diligence and development of strategic relationships with government, local groups and the mining industry bodes well for exploration and development of these significant gold reserves.
Mr. Robert Kirkcaldy is a proven business leader with over 15 years experience on mining with a specific focus on international trade and business logistics.
"I am excited about the opportunity in Ghana to acquire reserves both in alluvial gold as well as hard rock drilling programs. The strategy will be to create immediate revenues with easier accessible alluvial production as our "Bread and Butter" while we develop targeted hard rock reserves," Mr. Robert Kirkcaldy commented.
Management is strongly positioned within the country and committed to working in a socially and environmentally responsible manner.
Tuesday, August 14, 2012
GHANA GOLD CORP. Financials
EDGAR Online Financials (Tue, Aug 14)
Saturday, July 14, 2012
GHANA GOLD CORP. Financials
EDGAR Online Financials (Sat, Jul 14)
GGCO daily chart: Newly restructured Company
http://www.profitspi.com/stock/stock-charts.ashx?chart=GGCO&cid={23625c99-9f8f-421b-ae39-489519660bcb}
GGCO Products and Services
Ghana Gold’s Corporation projects range from alluvial production to exploration of hard rock concessions. Current production has commenced with alluvial (surface mining) while the team prepares to conduct testing for hard rock deposits within existing properties.
The Corporation is also constantly reviewing new gold projects to further expand its mining options and bring added value to shareholders.Ghana Gold’s current portfolios of properties provide the company both lucrative immediate gold positions while also providing for future growth requirements.
In addition to its producing site in Western Region, management has secured alluvial and hard rock sites on the world-famous and proven Ashanti Gold Belt.
The Jukwa and Grumesa sites serve as a significant springboard for Ghana Gold’s leap into the big leagues of hard rock producers in 2013
Ghana Gold Corporation has focused its exploration and acquisitions on the well-mineralized Ashanti Gold Belt. The Ashanti has long been hailed as one of the world’s major sources of gold. Most of Ghana’s past production of over 120 million ounces derived from the Ashanti belt. The Ashanti, is home to several of the world’s major producers, including Anglo Gold Ashanti in Obuasi; where reports indicate an average production of 1,100 kilo per month. Still even with a prolific past history of gold production, there is an estimated 2 billion ounces of un-mined gold within Ghana. Ghana Gold Corporation will continue to utilize its’ hybrid plan of exploration and production by immediately commencing alluvial production while simultaneously undertaking the more time consuming process of hard rock reserve testing and evaluation.
GHANA
Ghana is home to many of the largest and most successful gold mines in history. It is widely believed that Ghana still contains much of the world’s untapped gold reserves.
Reports suggest that Ghana is #10 in the world with the most Gold reserve deposits exceeding 1 million ounces. Essential in unlocking the untapped minerals in the country is the proactive efforts of Ghana’s leaders. The government of Ghana is committed to development of the country and has a proven record of encouraging investment through private sector development. Through several of its Ministries, including Ghana’s Investment Promotion Center (GIPC), Ghana actively promotes entrepreneurship and believes in creating a competitive climate for local and foreign investment. We believe that, at this moment in history, Ghana provides an opportunity for long-term company growth for those who have the vision.
History
In pre-colonial times, present-day Ghana was one source of the gold that reached Europe via trans-Saharan trade routes.
The area has produced and exported gold for centuries, in fact its’ name in colonial times was “The Gold Coast”. During its time under British rule Ghana suffered significant under-development in its infrastructure as the emphasis at the time was on short-term profit from trade. After independence in 1957 the country was left with only limited trade in several commodities and relatively no manufacturing base. Ghana imported manufactured goods from abroad and the government relied heavily upon duties levied on external trade for revenue.
This imbalance meant that there was little or no funding for infrastructure improvements or manufacturing industry development. The government has therefore been trying to improve its position from that era and is now actively seeking foreign investment to help it improve its situation. This was one of Ghana Gold’s key factors in our decision to focus on Ghana for our mining operation.
Government
Ghana is the oldest democratic independent state in Africa, which celebrated its 50 year anniversary in 2007. With a constitutional multi-party democracy, free and fair elections are held every four years. Freedom of speech, a fully independent media, religious freedom and mutual respect and tolerance of differing religions make Ghana a safe prospect for investors.
Another factor making Ghana attractive to foreign investment is bank de-regulation. The Central Bank introduced a floating exchange system allowing foreign investors to hold foreign exchange with any bank they choose. This allows investors to more easily extract profits from the country. The Ghana Investment Promotion Centre strives to assure foreign investors that profit may be repatriated, that property will not be reclaimed and that foreign exchange may be freely moved. In recent years, the government has made concerted efforts and has allocated significant resources to upgrading the nation’s infrastructure.
The Judicial legal system is based on British common law, customary (traditional) law, and the constitution. Court hierarchy consists of Supreme Court of Ghana, Courts of Appeal, and High Courts of Justice. Below this structure are the Circuit, Magisterial, and Traditional Courts.
Having lived and worked in Ghana for over four years, the management of Ghana Gold Corporation has excellent contacts and relationships within Ghana at all levels.
Mineral Reserves
Ghana’s stable and established democratic system has attracted most of the world's major gold producers including AngloGold Ashanti, Newmont, Golden Star and Goldfields. Ghana is rich in minerals; the major ones currently being mined are gold, manganese, bauxite and diamonds.
Unlike most of the world, government policy strives to streamline procedures and “red tape” that normally discourage investment. Knowledge of mineral reserves is constantly increasing - under the Mining Sector Support Programme (MSSP) being implemented with European Union financial and technical assistance, around one-third of the surface area of Ghana is being covered with airborne geophysical surveys, whilst detailed geological field-mapping continues at the nation’s major mining areas. Ghana has in the past decade discovered oil off its coast in the Western Region. Named the Jubilee Oilfields, crude production has been underway for the past two years.
GGCO Financial Reporting/Disclosure & Security Details
OTC Pink™ Current Information
Companies that follow the International Reporting Standard or the Alternative Reporting Standard by making filings publicly available through the OTC Disclosure & News Service pursuant to OTC Markets Group Guidelines for Providing Adequate Current Information (pdf) are designated as OTC Pink Current Information.
GGCO follows under these guidelines on the OTC Pink current information market tier.
Investigate more @ http://www.otcmarkets.com/stock/GGCO/quote for more due diligence.
GGCO Share Structure
Per Sept 30, 2012 10Q
http://www.otcmarkets.com/financialReportViewer?symbol=GGCO&id=95839
http://www.otcmarkets.com/financialReportViewer?symbol=GGCO&id=95838
Authorized - 250,000,000 common shares, par value $0.0001
Issued and outstanding, 200,098,000 shares
Quote:
During the three months ended September 30, 2012, the Company had $987,640 revenues compared to $813,809 for the year ended December 31, 2011
GGCO — Attorney Letter with Respect to Current Information
Published: Dec 03, 2012 Period End: Sep 30, 2012 Status: Active Download Report
http://www.otcmarkets.com/financialReportViewer?symbol=GGCO&id=95871
Transfer Agent(s)
Signature Stock Transfer, Inc.
2632 Coachlight Ct.
Plano, TX, 75093
972-612-4120
SignatureStock@aol.com
Incorporated In: NV, USA
Year of Inc: 1995
Company Notes
Formerly=National Pharmaceuticals Corp. until 7-2012
Formerly=Medical Institutional Services Corp. until 12-2009
Formerly=Go Call Inc. until 10-06
Formerly=Omni Advantage, Inc. until 3-98
Security Notes
Capital Change=shs decreased by 1 for 500 split Pay date=10/23/2006.
Capital Change=shs decreased by 1 for 1000 split Pay date=12/04/2009.
Capital Change=shs decreased by 1 for 1000 split. Ex-date=07/11/2012.
Before You Invest - Investigate! Always do your own due diligence
A critical part of the due diligence: Please be aware, that upon completion of in-depth due diligence there is still a risk factor in all forms of investing.
Please note not all company websites are updated on a regular basis so you should use additional content sources to ensure accuracy.
Resources used in this post: otcmarket.com, www.bloomberg.com, www.finance.yahoo.com, GGCO website
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