Unigold Inc V.UGD

Alternate Symbol(s): UGDIF

Metals & Mining Gold

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

Unigold Inc > The stock is cheap, $20 million market cap

<< Previous

Bullboard Posts

Next >>

Comment by Bull4u2on Jun 14, 2021 1:38pm

174 Views

Post# 33382346

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

Promise for what? Those results were not even good enough to continue exploring in this area. Have a look at ESNR, now those are impressive assays. More than a double today.
UGD is bleeding badly. They will need more $'s and some decent results to get this back, especially with gold stocks struggling these days. Investors are looking for double digit assays of over 10g with length. I own lots of ugd, I'm very disappointed.

ButSeriously wrote:
Wow Bull4u2, you must be new to this sector
The latest drill results were exploration in never drilled areas
Although they weren't great, they did show promise