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Re: Is UXG trying to hoard gold under the ground?      6-Nov-09 09:34 pm    
Your statement gains credibility with the release of the quarterly report, in which it is states that the company sold certain heavy equipment from the Mexican operation for $582,633, taking a loss of $335,765, compared to the book value of the equipment. The company essentially is a perpetual option on the price of gold and silver. They have plenty of money to fund their exploration through 2011. The eventual price of this stock will be determined by the company's resources at that time and the prices of gold and silver at that time. Any guesses?
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Is he doing the same thing as when he was the CEO of Go...
dan6898 (1 Rating) 6-Nov-09 04:04 pm  
 
Re: Is UXG trying to hoard gold under the ground?
worthington... Not rated 6-Nov-09 09:34 pm  
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US Gold Corporation (UXG)

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On Nov 30: 2.84 Up 0.03 (1.07%)
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