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NuLegacy Gold Corp V.NUG

Alternate Symbol(s):  NULGF

NuLegacy Gold Corporation is a Nevada exploration company focused on discovering additional Carlin-style gold deposits on its premier district scale 108 sq. km (42 sq. mile) Red Hill Property in the prolific Cortez gold trend of Nevada. NuLegacy’s Red Hill Property is located on trend and adjacent to the three multi-million ounce Carlin-type gold deposits (the Pipeline, Cortez Hills and Goldrush deposits) that are amongst Barrick Gold’s largest, lowest cost and politically safest gold mines.


TSXV:NUG - Post by User

Bullboard Posts
Comment by _Highlander_on Nov 29, 2018 12:48pm
114 Views
Post# 29040290

RE:I guess I am a bit frustrated...mining is a hit and miss

RE:I guess I am a bit frustrated...mining is a hit and missI have many positive thing to say about what NUG has done, they took a very untouched property with almost no historical drilling and are slowly demonstrating there is a large spread of gold on the property.  My biggest critique of management they fail to understand how to manage any momentum they generate, they have a "the market will have to wait attitude", well thats an old school way of thinking, the market doesn't have to wait, and hasn't, they will brutally punish you if you make them wait or dismiss them,  bottom line after hole 18SR-C2, they should have virtually twined it, maybe OTC and ABX wouldn't like that, but the market inst that bright, they are drunk on Weed, bit-coin and US index gains and want instant gratification, your share price would have jumped up to the the high twenty or even thirties, then youd have more momentum and they be more forgiving of some exploration step outs, and you be back in the drivers seat to raise some capital, sometimes when your a bottom Jr you have to use the old parlour tricks. GLTA
Bullboard Posts