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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

Comment by Summerof69on Dec 20, 2023 3:38pm
110 Views
Post# 35794451

RE:RE:Not much volume after the news

RE:RE:Not much volume after the newsThe key phrase is "rush" assays from the second hole (after telling us they would be release near the end of January because the lab shuts down for the holidays. Lol.

You don't spend the extra money when you have none to "rush" assays if you aren't expecting some positive results.

My hope is they saw realgar or orpiment in the rock chips giving reason for hope. If they did see this type of mineralization, there is hope for a positive surprise from the assays. But seeing realgar and orpiment would not guarantee a good gold hit. And I am purely speculating on the reason for the "rush" on the assays.

Do your own due diligence first and don't listen to me. I am a novice investor.
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