Unigold Inc V.UGD

The stock is cheap, $20 million market cap

[Tree2tree]

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.

[Bull4u2]

It'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]

Bull, you sound like a "bargain hunter", to put it politely.

[ButSeriously]

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  

[Bull4u2]

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

[goldanalyst]

agreed it is over now.....the SP is so low they'll have to dilute for cash...reverse split and start...tough luck UGD

[Naavak]

17 millions market cap, cheap?