Broke out of the "g spot" at $1.55
Since gold is getting so hyped right now, I thought that I would throw it some more picks.
The first one is UNCN.
Profile: Unico, Incorporated operates as the holding company for Deer Trail Mining Company, LLC (DTMC); Silver Bell Mining Company, Inc. (SBMC); and Bromide Basin Mining Company, LLC (BBMC). DTMC operates, owns, and manages the Deer Trail Mine. BBMC conducts mining operations at the Bromide Basin Mines. In addition, SBMC operates the Silver Bell Mine. Unico primarily mines for silver, lead, and zinc. The company, formerly known as Red Rock Mining Co., Incorporated., was founded in 1966 and changed its name to Industries International, Incorporated. Subsequently, the company changed its name to I.I. Incorporated and to Unico, Incorporated in 1979. Unico is based in San Diego, California.
This stock is also a G-Pattern setup. I would feel real comfortable buying around the .006 mark if there's a dip.
The second company is USGL.
Profile: U.S. Gold Corporation engages in the precious metals and base metals mining business in western U.S. states and Mexico. Its activities include exploration, land acquisition, geological evaluation, and feasibility studies of properties; development and construction of mining and processing facilities; and mining, processing, and the sale of gold and other metals, and by-products. As of June 30, 2004, the company owned 45% interest in the Tonkin Springs gold property in Eureka County, Nevada, and approximately 36.5% equity interest in Gold Resource Corporation, which is exploring the 'El Aguila' gold/silver property in Oaxaca, Mexico. The company was organized in 1979 under the name Silver State Mining Corporation and changed its name to U.S. Gold Corporation in 1988. U.S. Gold is based in Lakewood, Colorado.
Also, USGL had some interesting news out on July 29th.
Link: http://biz.yahoo.com/bw/050729/295562.html?.v=1
3 Month Charts:
updating chart of UNCN. Bought in this morning at .0085
USGL doing well today...up 44 cents. ;D
Nice up day.
Holding above and bouncing off the 50-dma. Indicators turned back north.
Technicals
Close Above the 13-day EMA
Percentage Gainer
Last Price Quote is:
11.02%above 13-day EMA
29.12%above 50-day EMA
USGL.ob looking good. Watch for a breakout next week. I'm kinda lazy to write a detailed response at this point so I'll just leave you with a nice looking chart.
Thai
;D ;) Great looking news, if you did not see !!
USGL.OB> new ticker symbol > UXG.......Monday morning...to be listed on
American Stock Exchange (AMEX). :D
Press Release Source: U.S. Gold Corporation
U.S. Gold AMEX Listing Approved Trading to Begin Monday December 11, 2006 Ticker Symbol: UXG
Thursday December 7, 4:05 pm ET
DENVER, COLORADO--(MARKET WIRE)--Dec 7, 2006 -- U.S. GOLD CORPORATION (TSX:UXG.TO - News)(OTC BB:USGL.OB - News) is pleased to announce that its application to list its common stock on the American Stock Exchange (AMEX) has been approved and the Company anticipates trading to begin on Monday December 11, 2006 under the symbol UXG.
"Increasing U.S. Gold's share liquidity is an important step towards creating Nevada's premier exploration company! With U.S. Gold's recent listing on the Toronto Stock Exchange and today's announcement regarding the American Stock Exchange, the Company is well positioned to reach a broad spectrum of investors," stated Rob McEwen, Chairman and CEO.
The American Stock Exchange approval is contingent upon the Company being in compliance with all applicable listing standards on the date it begins trading on the Exchange, and may be rescinded if the Company is not in compliance with such standards.
About U.S. Gold
U.S. Gold is a United States based gold exploration Company aggressively exploring Nevada's Cortez Gold Trend. U.S. Gold's Tonkin Springs project is 36 square miles and centered in the middle of the Cortez Trend. Shares of the Company are traded on the OTC BB and TSX under the symbol USGL and UXG respectively.
Certain statements contained herein and subsequent oral statements made by and on behalf of the Company may contain "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. Such forward-looking statements are identified by words such as "intends," "anticipates," "believes," "expects" and "plans" and include, without limitation, statements regarding the Company's plan of business operations, potential contractual arrangements, receipt of working capital, anticipated revenues and related expenditures. Such forward-looking statements involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to differ materially from any future results, performance or achievements expressed or implied by those projected in the forward-looking statements for any reason. Factors that could cause actual results to differ materially include, among others, those set forth in the Company's Annual Report on Form 10-KSB for the fiscal year ended December 31, 2005 and those set forth in registrations statements we may file, under the caption "Risk Factors." Investors are cautioned not to put undue reliance on forward-looking statements. Except as otherwise required by applicable securities statutes or regulations, the Company disclaims any intent or obligation to update publicly these forward looking statements, whether as a result of new information, future events or otherwise.
Contact:
Contacts:
U.S. Gold Corporation
William F. Pass
Vice President and Chief Financial Officer
(303) 238-1438
(303) 238-1724 (FAX)
Email:
[email protected] U.S. Gold Corporation
Ana Aguirre
Investor Relations
(647) 258-0395 or Toll Free: 1-866-441-0690
(647) 258-0408 (FAX)
Email:
[email protected]--------------------------------------------------------------------------------
Source: U.S. Gold Corporation
Setravis what do you do about this recommendation? When searching threads this pops up on older messages.
warning: this topic has not been posted in for at least 120 days.
Unless you're sure you want to reply, please consider starting a new topic.
'USGL' is no longer valid. It has changed to "UXG".
USGL.OB now trades on the AMEX under the ticker symbol "UXG"
This thread has been moved to the Stock Picking Board.
Today's chart.......
A bit of positive news from UXG. I like the potential here for a strong upturn (Oversold).
uc.
News and Chart
US Gold Corporation: Exploration Update
Wednesday December 12, 8:30 am ET
BEST RESULT -
0.161 OPT OVER 50 FT. INCLUDING 0.278 OPT OVER 15 FT.
DRILLING TO COMMENCE IN MEXICO: ENCOURAGING RESULTS -
0.274 OPT OVER 113 FT. INCLUDING 0.46 OPT OVER 62.2 FT.
DENVER, COLORADO--(MARKET WIRE)--Dec 12, 2007 -- US GOLD CORPORATION (Toronto:UXG.TO - News)(AMEX:UXG - News)(Frankfurt:US8.F - News) is pleased to provide an update on some of its projects, including the Company's upcoming exploration in Mexico and recent drill results from the Limo project in northeastern Nevada that intersected 0.161 ounces per ton (opt) gold over 50 feet (ft.) (5.522 gpt (grams per tonne) gold over 16.8 meters), including 0.235 opt gold over 15 ft. (8.023 gpt gold over 4.6 m), and a second zone containing 0.278 opt gold over 15 ft (9.515 gpt gold over 4.6 m).
ADVERTISEMENT
"Our acquisitions in March transformed US Gold from a single 36 sq. mile (93 sq. km) property into one of the Cortez Trend's largest land holders with over 170 sq. miles (440 sq. km). We now control a total of 250 sq. miles (648 sq. km) in Nevada giving us one of the largest and most exciting land positions in the State. We also acquired a large prospective land position in Mexico where previous drilling (2003) encountered very encouraging results. We have assembled an attractive package of assets this year, encountered newsworthy gold values, and continue to have a strong treasury heading into 2008," stated Rob McEwen, Chairman and CEO.
Good uptick, now we need some volume.
uc.
There was just a 5.5 million share transaction on the Canadian exchange. Hummm!
That would be the largest transaction ever for uxg on either the Canadian or US exchanges.
uc.
Support @ $2.42
Resistance around $3.50 and $4.00
MACD is Bullish
Stochastic is Bullish
52wk Range: 1.01 - 6.80
Volume: 1,362,902
Avg Vol (3m): 471,455
Technicals
Percentage Gainer
Last Price Quote is:
41.71%above 13-day MA
94.06%above 50-day MA
RS Rating: N/A
Fundamentals
Key Data:
Market Cap (M): N/A
P/E Ratio: N/A
PEG Ratio: N/A
Next Earnings: N/A
Last Analyst Rating: N/A
Below are the 6 month and 3 years chart.......
updated chart look...