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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 Dec 01, 2009 9:36am
446 Views
Post# 16539394

Unigold has good potential....

Unigold has good potential....From David & Eric Coffin

In a rising price environment almost all producers will see gains, but the better choices will be companies undergoing expansion and those in friendlier cost environments. Asset holding companies with large deposits of low grade should also being doing well in this environment, and it’s wise to consider why they aren’t if they appear to be going nowhere. Asset expansion companies still in exploration phase have been seeing mixed results, with some darlings bounding ahead while others seemed fixed in place. So long as the latter group are relatively undervalued based on current data, they should have their day again as profit-takings take place for the darlings. Now through the year end, and especially into next year, is typically when that takes place.

Do your dd

GLTA
Bullboard Posts