US Gold Corp USAU

Metals & Mining Gold

U.S. Gold Corp. is a gold development and exploration company. The Company has a portfolio of exploration properties. The Company owns certain mining leases and other mineral rights comprising the CK Gold Project in Wyoming, the Keystone Project in Nevada and the Challis Gold Project in Idaho. The CK Gold Project deposit is a development stage, large-tonnage, gold-copper deposit with high-grade mineralization exposed at the surface surrounded by a large, low-grade zone with potential for expanding resources. The CK Gold Project property comprises about 1,120 acres and is 100% owned by the Company. The Challis Gold Project is located about 75 kilometers (kms) southwest (SW) of Salmon, ID and 20 kms SW of Revival Gold's Beartrack Project, within the Tertiary Challis Volcanic Field. The Keystone project is a Carlin-type gold deposit exploration project located on Nevada's Cortez Trend, one of the world's most prolific gold mining trends and home to some of North America's largest mines.

NDAQ:USAU - Post by User

US Gold Corp

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Comment by CaptainMon Dec 22, 2018 10:01pm

52 Views

Post# 29151207

RE:RE:RE:RE:RE:why the volume?

A fair value would be anywhere between $4-8. If they find a district-size deposit in the 10moz range, this stock may be a 20-50 bagger.

This looks like to be a simple tax-loss selling by one or two wealthier retail investors. Forced, panic selling like this creates opportunities for others to enter a position.

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