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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
Post by ecolo101on Oct 21, 2014 7:11am
182 Views
Post# 23046226

Cash on hand??

Cash on hand??This will become the critical problem in a few months. You don't go far with 2M$...
hopefully drill results will increase resources and give some fresh air to do an emission around book value or warrant value would be  better to mitigate shareholder impact...

At this point planets are not well aligned for a 5 bagners, it is more a multi variable unknown without the right number of equations.  This is the TIME for this little exploration junior, DIE or survive with some hope for bagholders.

time will tell. hopefully the best is yet to come...

glt bagholders

Maybe a potential merger could be a road to follow for not loosing everything? Just asking!
Bullboard Posts