Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 aknahowon Sep 28, 2014 6:13pm
162 Views
Post# 22977997

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Some news, just to inform everybody!

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:Some news, just to inform everybody!Buzzard64, since more holes come up with zip, zero and nada one might beging to believe that the lack of a report means poor results.

Lets say a junior has stated they will releas in batches of 4 before drilling starts.

It probably does so because it does not want to see its share price beat down after each hole if each hole provides poor results.  Even if all four holes are poor the share price possibly gets beaten down less than would have on a hole for hole basis.

Sure we know that even visual inspection of drill cores sometimes indicates a significant hit.  And with todays scientific ewuipment management has an idea of what the assay results will be, but legally it does not know and it can not play games with the assay lab.  If it has sated it does not want to receive the results except in batches it will not receive them.

I am not defending management.  I think they have doen a poor job of keeping the markets informed.  I see nothing on their web site which results will be released in batches nor any indication of what, how many holes, constitutes a batch.

Management does a poor job of replying to e-mails and as a result I have lost interest in buying more shares.
Bullboard Posts