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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 tbs001on Sep 01, 2013 9:58pm
177 Views
Post# 21712742

RE:RE:some info from their MD&A

RE:RE:some info from their MD&AWhen I look at all the big boys cutting back and reducing costs where ever possible, I don't see the reduction to one drill and shutting down for a month as a negative. The longer you can last in this market the better chance of making it in the long run. If they reduce their burn rate to $100K/mth they can last a long, long time. The gold will still be there if it takes a extra few months. GLTA
Bullboard Posts