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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

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Post by Bull4u2on Oct 22, 2024 2:58pm
82 Views
Post# 36277214

What is Happening with UGD

What is Happening with UGDI have been a long time shareholder of ugd, but my patience has run out. Gold at all time highs and no movement in the sp and very little, if anything from management. This is without a doubt one of the worst managed companies in Canada. Evven companies with no gold are trading better than ugd.
Adios. My money is a lot better off elsewhere, even if I will take a big loss. |Mangement is better off selling this to a company that knows how to manage.
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