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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

Comment by Bull4u2on Jun 09, 2021 1:29pm
217 Views
Post# 33355860

RE:The stock is cheap, $20 million market cap

RE:The stock is cheap, $20 million market capIt's a small market cap because the last results wre horrific. Any gold assays need to be at a min. of 2grams with at least 50 meters. The results UGD posted today were awful. I'm hoping they come up with better result on the next batch or this stock will fall below .10

Tree2tree wrote: But the market is just not into it these days.  Work is progressing with significant exploration results.  It's a choice between being patient or looking for something that looks more promising in the short term.  I have a small holding and I may add at cheap prices.


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