In light of the new that follows, the decrease in the fed, and the impending return of high oil prices, I believe the market will recognize this good news, and pull out of companies that are operating poorly and enter companies that are STRIKING GOLD!!!
TORONTO, ONTARIO, Oct 30, 2008 (MARKET WIRE via COMTEX) -- US GOLD CORPORATION
UXG 0.72 , +0.03 , +4.5% ) (FRANKFURT: US8) announces that drilling at Gold Bar, located South of the company's Tonkin project in the Cortez Trend, successfully intersected what US Gold's geologists believe is a new mineralized zone, similar to those previously mined at the property between 1985-1997. Drilling in this new area returned 0.07 ounces per ton (opt) over 50 ft. including 0.15 opt over 20 ft (2.44 grams per tonne (gpt) over 15.2 meters (m) including 5.04 gpt over 6.1 m).
$0.73 (10/31/08)
