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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 Aug 21, 2012 8:56pm
200 Views
Post# 20244365

Nice bullish technical analysis...

Nice bullish technical analysis...

https://www.bullmarketrun.com/?s=unigold

Unigold Inc. (UGD, TSX-V)

Ungiold Inc. (UGD, TSX-V) gained 3 cents yesterday on impressive volume to close at 46.5 cents…the trend with UGD is strongly bullish, as shown in John’s 2.5-year weekly chart below, and a “Wave 5″ pattern appears to have developed…note the surge in volume this summer which has coincided with UGD’s solid drill results from its Candelones Project north of GoldQuest’s Romero discovery…

BelieveinUGD

GLTA

Bullboard Posts