Unigold Inc V.UGD

Alternate Symbol(s): UGDIF

Metals & Mining Gold

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

Unigold Inc

Bullboard Posts

Post by ecolo101on Oct 13, 2014 12:22pm

173 Views

Post# 23023680

Inflexion point- gold is up +0,.7% today

Market close in Canada but open in US
gold stocks are up, +5% today...
maybe a change in the way we value junior as well. Trend could turn around and bring better days ahead. Money flowing from energy sector to precious metal sector on recent weakness ,
why not?
Time for a quick run-up to closer to book value, 0,15$. There is a lot to catch back, hang to your shares... They worth more than 0,03$...