U.S. GOLD CORP. — Director's Dealing 2006

Sep 15, 2006

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DATARAM CORP (DRAM-NASDQ)
CIK: 0000027093
Period of Report: 2006-09-13

Reporting Person: DUNCAN JEFFREY H (Vice President - Manufacturing)

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2006-09-13	Options (09/13/2006)	$4.7	A	8200	Acquired	2011-09-13	Common Stock (8200)	Direct

Holdings (Non-Derivative)

Security	Shares	Ownership
Common Stock	3680	Indirect

Holdings (Derivative)

Security	Exercise Price	Expiration	Underlying	Shares	Ownership
Options (11/19/1997)	$2.8125	2007-11-19	Common Stock (150000)	150000	Direct
Options (11/26/2001)	$7.98	2011-11-26	Common Stock (8200)	8200	Direct
Options (09/18/2002)	$2.99	2012-09-18	Common Stock (8200)	8200	Direct
Options (09/17/2003)	$4.09	2013-09-17	Common Stock (8200)	8200	Direct
Options (09/15/2004)	$6.75	2009-09-15	Common Stock (8200)	8200	Direct
Options (09/14/2005)	$6.63	2010-09-14	Common Stock (8200)	8200	Direct

Footnotes

F1: Options to purchase 6,150 shares are presently exercisable and options to purchase 2,050 share become exercisable on 9/18/2006.

F2: Options to purchase 4,100 shares are presently exercisable and options to purchase 2,050 shares each become exercisable on 09/17/2006 and 09/17/2007.

F3: Options were granted to the reporting person in consideration of the reporting person's service as an officer of the company. Options were granted with an exercise price equal to the closing market price of the common stock on the date of grant.