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Unigold Inc V.UGD

Alternate Symbol(s):  UGDIF

Unigold Inc. is a junior natural resource company. The Company is in the business of exploring its mineral concession properties in the Dominican Republic (DR). It is focused on exploring and developing its significant land position in the DR, within the highly prospective Cretaceous-age Tireo Formation. The Company’s Neita Concession encompasses 21,031 hectares (ha) of the Tireo Formation, a thick sequence of intermediate volcanic and volcanoclastic rocks produced by island arc volcanism that are highly prospective for Porphyry Cu and Cu-Au deposits; High to low sulphidation Au and Au-Ag epithermal deposits, and Volcanogenic Hosted Massive Sulphide (VHMS) Au-Ag-Cu-Pb-Zn deposits. Its Candelones Project is located south of the town of Restauracion in the northwestern Dajabon Province of the Dominican Republic. Its Candelones oxide gold deposit is within the 100% owned Neita Fase II exploration concession located in Dajabon province, in the northwest part of the Dominican Republic.


TSXV:UGD - Post by User

Bullboard Posts
Comment by savard1on Aug 08, 2012 8:58pm
144 Views
Post# 20196574

RE: RE: RE: RE: Trades look funny

RE: RE: RE: RE: Trades look funny

You can't look at insider trading in isolation. If some insiders are selling, maybe they have their backs against the wall re expiring options or warrants. I know in my past, there were always blackout periods where we could not trade as insiders and if you had many options expiring, not everyone has the $$$$ to convert the options to shares, depending on what price you got the options at. They could be selling stock to convert their options and end up with way more shares . That is good for us because the share position of the insiders goes up....Bottom line, you can't just look at the insider trades without analysing what else is going on. Sometimes , it's as simple as a divorce settlement.

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