Asanko Gold Inc.

Asanko Gold Inc.'s vision is to become a midtier gold mining company that maximizes value for all its stakeholders. The company's flagship project is the fully financed, multimillion ounce Asanko gold mine project located in Ghana, West Africa. Asanko is managed by highly skilled and successful technical, operational and financial professionals. The company is strongly committed to the highest standards of environmental management, social responsibility, and health and safety for its employees and neighboring communities.

Expert Comments:

Joe Mazumdar, Canaccord Genuity (4/14/15)
"We maintain our Speculative Buy rating on Asanko Gold Inc. as our target price still represents a premium (+30%) to current levels and the company remains well funded to bring Phase 1 Obotan into commercial production by Q2/16 and full production (3 Mt/year) by Q3/16. . .43% of the overall project construction was complete at the end of March 2015. . .with earthworks nearing completion (95%), civil construction (concrete) at 41% and procurement at 95%. . .we estimate that the company has the capital resources to fund project development, working capital and corporate general and administrative costs including exploration."

James Kwantes, Resource Opportunities (4/12/15)
"On Thursday, Asanko Gold Inc. announced that construction on phase 1 (Obotan) of its gold mine in southwestern Ghana is 43% complete. The Asanko mine is on track for its first gold pour in Q1/16. . .phase 1 construction is fully funded and the company has a $44M cash buffer."

Geordie Mark, Haywood Securities (4/9/15)
"Asanko Gold Inc.'s Asanko mine phase 1 construction is reported to be 43% complete overall as of Q1/15E. . .the company continues to show that project development is on schedule and on budget with first gold pour in Q1/16. . .given the cash balance and available debt, Asanko is deemed to be fully financed to complete phase 1 and represents one of few companies to move into production by early next year."

Nana Sangmuah, Clarus Securities (4/9/15)
"Phase 1 construction of Asanko Gold Inc.'s Asanko gold mine is 43% complete, plant earthworks are 95% complete and concrete civils, 41% complete. . .progress to date is encouraging and points to the ability to meet the first gold pour target of Q1/16. . .phase 2 prefeasibility studies are nearing completion and are expected to be announced in early May 2015."

Chris Thompson, Raymond James (4/9/15)
"We recommend clients buy Asanko Gold Inc. for fully funded near-term production, an attractive valuation (0.5x NAV) and an excellent operating team with African experience. . .phase 1 construction at the Asanko mine is 43% complete and on schedule for first gold in Q1/16. . .the prefeasibility study for phase 2 is nearing completion and is undergoing internal and board reviews prior to publication, which is expected in early May 2015."

"We recently produced some research on junior gold companies, and we found Asanko Gold Inc. looking quite attractive." read more >

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Experts Commenting on This Company

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Investing Highlights
High quality deposit with near-term production and lowest quartile costs
Fully funded to production
Respected management team with track record of delivering shareholder returns
catalyst Calendar
Mills arrive on site
Completion of mill civil works
Asanko Gold Inc. Content