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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 ecolo101on May 08, 2016 12:50pm
122 Views
Post# 24851977

RE:Unigold geoligists appear to be figuring out this deposit

RE:Unigold geoligists appear to be figuring out this depositI agree 100% Willibrich. On top we need to give credit to the actual CEO which has been able to maintain the focus by cutting back on SG&A and spending the money in the right drilling and hitting more positive ground results.
Also having Osisko in the proximity of Unigold gives credibility to the mining resources in RD. This is extremely positive. The best management brings more best practices. Any junior success rely strictly on the capacity to promote your land and the resources in the ground if you have professionnal with proven success, Osisko has that.
Unigold has on their property a big anomaly which is definitely in line with a lot of gold in the area. This is a potential for 6-7 bagger. Let's hope that the next drilling results improve the resource number.
with 40% of total shares in the end of bagholders any significant interest on the company will lead to zero resistance on the SP and we could reach $1.00 quickly.
This $1 is just a $0.10 equivalent with previous share system. We have a very nice opportunity here. Just hold to your shares , we will see higher price.
glta
Bullboard Posts