Bullboard - Stock Discussion Forum Urbangold Minerals Inc. V.UGM

Metals & Mining Industrial Metals & Minerals

UrbanGold Minerals Inc is engaged in the evaluation, acquisition, and exploration of mineral properties in Canada. It holds 100% interest in Monaco Gold Property which comprises of 301 map-designated claims)covering an area of approximately 16,658 hectares (41,163 acres) located approximately 80 km south-southwest of the town of Chibougamau and approximately 65 km south-southeast of Chapais. It... see more

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TSXV:UGM - Post Discussion

Urbangold Minerals Inc. > kLD

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Post by Curbside100 on Jan 13, 2021 12:40pm

kLD

Now trading at 1.20

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Comment by IceColdBeer on Jan 14, 2021 9:14am

I have to believe if we get good drill results at end of month, that should give us a share price of .70 to .80 We have about 17 million more shares than KLD. I think that's a fair comparison if we can get some good numbers. Any thoughts?

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Comment by bigdog37 on Jan 14, 2021 11:08am

ICB. If you are comparing share price and market cap. Don't forget that KLD only owns a percentage of their deposit. I think they are down around 15-20% now????? Sumitomo owns the lions share!

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Comment by IceColdBeer on Jan 14, 2021 1:52pm

Good point bigdog. My point was, with some good holes in this drill program, we have some serious upside based on the simple math. 2 to 3 weeks away I'm guessing?

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Urbangold Minerals Inc.