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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 Feb 13, 2019 10:50pm
86 Views
Post# 29362074

RE:RE:NULGF down 7% on heavy volume

RE:RE:NULGF down 7% on heavy volumeAlbert believes the best value to shareholders is to find the feeder zone to gold they have found, and true if they find the feeder zones the SP with skyrocket. Problem is if they are on a million OZ's now, the market will favor the share price much higher than it is now, and he will find it much easier to raise financing, personally I think he's wrong, GSV and Corvis both established a small modest 43 101, this helped their share price and allowed them a much more optimal environment to raise funds. Although the WS hole was a mild hit, its hugely significant. its proof the gold mineralization zone is much bigger, 0.4 grams. NUG is in the toilet because of several factors, waterton killed this, they dumped millions into every positive news result, a very risky drill program hasn't been rewarded even with good hits, and after the bit coin, equities and weed, nobody wants to risk in the Junior market, a significant turn around in the gold market will change this. NUG is going to bounce around the low teens till spring. Its has the potential to be the biggest deposit on the Cortez trend, it has that potential. Im guessing Bill has left, that too bad. best of luck bill
Bullboard Posts