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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
Comment by mephistopheles93on Sep 14, 2012 2:32pm
146 Views
Post# 20364808

RE: Sheldon Intewash from Pinetree buying again

RE: Sheldon Intewash from Pinetree buying again

You gotta love it. I have been following the insider buys, and everytime it dropped below the insider buy in level it proved to be a great entry point. I have been buying the past 3 days, and just doubled my position. I am holding more UGD than I normally feel comfortable with, but I think this deposit will turn out to be 5 millio oz +. I am dying to find out more about the second layer of mineralization that we just scratchhed the surface of. I really don't understand who or why anyone would be selling now, but thanks for the cheapies

Bullboard Posts