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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 Horn1369on May 12, 2014 11:46am
152 Views
Post# 22550891

RE:RE:RE:RE:RE:Ok ok as i am a shareholder i am trying to

RE:RE:RE:RE:RE:Ok ok as i am a shareholder i am trying to I can't understand why some would sell at these levels. Even if they get $100 profit on each once of gold this should be around 2,000,000 x $100 = 200,000,000 / 244,000,000 = $0.81 per share. What do you think? A major would not want this company for even half of that?
Bullboard Posts