Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Quote  |  Bullboard  |  News  |  Opinion  |  Profile  |  Peers  |  Filings  |  Financials  |  Options  |  Price History  |  Ratios  |  Ownership  |  Insiders  |  Valuation

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 Dec 20, 2018 3:51pm
86 Views
Post# 29142784

RE:RE:NUG managment needs to re focus

RE:RE:NUG managment needs to re focusIm fairly sure with the addition of Ed Cope they are aware of the errors.  Bottom line NUG is so brutally undervalued now, and now they have a mountain of investors averaged down that good, the investor deserve the discount, but there will be head winds in any movement up.  To be straight, im very positive about NUG and the team,  but i will call out errors, and from a strategic perspective having your  fall drill program rely on two holes was a very big blunder,  all of them should have know that every hole has a chance to be dry, and having just two was very risky considering the amount of eyes on the project after hole 18SR - 02.  I also hope this has shaken the flakier investors out, ive noticed the amount in the ask is drying up, and that's good, nobody should be giving these away at this bottom,  Red hill is not an empty property or worth  the 35 million the market cap is reflecting,  should they prove a million or more OZ's the value is closer to 120 million or more given its proximity to gold rush and some similar cores. What ever happens next year should be much more carefully thought out than this year, 8 step out holes in a year isn't acceptable or a very wise use of resources. Gold is now comming back in favour so hoping for a good january.  GLTA
Bullboard Posts