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Bullboard - Stock Discussion Forum Urbangold Minerals Inc. V.UGM

Metals & Mining Industrial Metals & Minerals
UrbanGold Minerals Inc is engaged in the evaluation, acquisition, and exploration of mineral properties in Canada. It holds 100% interest in Monaco Gold Property which comprises of 301 map-designated claims)covering an area of approximately 16,658 hectares (41,163 acres) located approximately 80 km south-southwest of the town of Chibougamau and approximately 65 km south-southeast of Chapais. It... see more

TSXV:UGM - Post Discussion

Urbangold Minerals Inc. > kLD
View:
Post by Curbside100 on Jan 13, 2021 12:40pm

kLD

Now trading at 1.20
Comment by IceColdBeer on Jan 14, 2021 9:14am
I have to believe if we get good drill results at end of month, that should give us a share price of .70 to .80  We have about 17 million more shares than KLD.  I think that's a fair comparison if we can get some good numbers. Any thoughts?
Comment by bigdog37 on Jan 14, 2021 11:08am
ICB.  If you are comparing share price and market cap.  Don't forget that KLD only owns a percentage of their deposit.  I think they  are down around 15-20% now?????  Sumitomo owns the lions share!  
Comment by IceColdBeer on Jan 14, 2021 1:52pm
Good point bigdog.  My point was, with some good holes in this drill program, we have some serious upside based on the simple math.  2 to 3 weeks away I'm guessing?
Urbangold Minerals Inc.
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