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 > The stock is cheap, $20 million market cap

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Comment by Bull4u2on Jun 14, 2021 1:38pm

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Post# 33382346

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

Promise for what? Those results were not even good enough to continue exploring in this area. Have a look at ESNR, now those are impressive assays. More than a double today.
UGD is bleeding badly. They will need more $'s and some decent results to get this back, especially with gold stocks struggling these days. Investors are looking for double digit assays of over 10g with length. I own lots of ugd, I'm very disappointed.

ButSeriously wrote:
Wow Bull4u2, you must be new to this sector
The latest drill results were exploration in never drilled areas
Although they weren't great, they did show promise