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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
Post by believeingoldon Jun 09, 2009 12:50pm
438 Views
Post# 16055361

Need more volume for traders to get in

Need more volume for traders to get inNeed to find a price level for the trading to pick up .....On the chart i think between 0.50$ and 0.70$

Unigold also listed on The Dubaï stock exchange

Unigold, a Canada-based gold mining company, will focus on boosting the momentum of its stocks listed on the Dubai International Financial Exchange (DIFX), according to its chief executive.

The company, also listed on the Toronto Stock Exchange, was the first North American firm to list on the DIFX last year. However, until now, trading activity has been slow with most of the days recording no trading at all.

"We feel that we have work to do," Daniel Danis, Unigold's President and CEO, told Emirates Business. "A stock is not traded when people are not aware of it. So today we have to make people aware of what we are doing, make people aware of the Unigold stock, engage the financial community and then the trading will pick up.

"We will focus more in the region because we want to make Unigold a Middle East company so it is just logical that we are giving them a trading access to our stocks. The time difference between Toronto and here makes it difficult for the Middle East to trade on TSX."
Bullboard Posts