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.

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Unigold Inc

Bullboard Posts

Comment by ecolo101on Jan 29, 2015 8:53am

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Post# 23376178

RE:RE:RE:The results of the 2014 drill program will be disclosed

Sources should always be disclosed ...
anyway what a stupid move to name a new CFO when they are running out of cash...
previous one could done the 2 jobs for a while until we see a reverse on gold price or SP.
this is excessive usage of cash. They will need to find outside cash and the only way will be more dilution..,. I am not too happy with the way the chairman of the board is acting. Could he be the problem?
Let's merge with the other mine in RD
We need to save what's left about this company
don't beleive that the new interim ceo is the right candidate for this.
new young blood with drive is what we need
dyodd

Bullboard Posts

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