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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 Jun 03, 2019 6:17pm
102 Views
Post# 29795501

RE:Market value

RE:Market value
the market value of the property is alot more than 12 million, but yes this has been totally missmanaged,  they knew the deep holes were already 300 k a hole a year ago but still advertized a drill program,  they also burnt through 1.5 million and with no drill program, so yes Albert has alot to answer for.  My Guess is a new partner just dropped out, no doubt to some arrogance on the part of managment believeing they are something they arent. 
Bullboard Posts