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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. It is focused on exploring and developing its gold projects in the Dominican Republic. It owns 100% of the exploration rights for gold, silver, zinc, copper, and all associated minerals on the Neita Property (Neita) in the northwestern Dominican Republic. Its Neita concession covers 21,031 hectares (ha) area within the prospective Tireo Formation, a thick sequence of intermediate volcanic and volcanoclastic rocks produced by island arc volcanism that are prospective for porphyry copper (Cu) and copper-gold (Cu-Au) deposits; high to low sulphidation Au and gold-silver (Au-Ag) epithermal deposits; and volcanogenic hosted massive sulphide (VHMS) gold-silver-copper-lead-zinc (Au-Ag-Cu-Pb-Zn) deposits. The Candelones Project is located south of the town of Restauracion in the northwestern Dajabon Province of the Dominican Republic.


TSXV:UGD - Post by User

Comment by Bull4u2on Jun 09, 2021 1:29pm
193 Views
Post# 33355860

RE:The stock is cheap, $20 million market cap

RE:The stock is cheap, $20 million market capIt's a small market cap because the last results wre horrific. Any gold assays need to be at a min. of 2grams with at least 50 meters. The results UGD posted today were awful. I'm hoping they come up with better result on the next batch or this stock will fall below .10

Tree2tree wrote: But the market is just not into it these days.  Work is progressing with significant exploration results.  It's a choice between being patient or looking for something that looks more promising in the short term.  I have a small holding and I may add at cheap prices.


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