NuLegacy Gold Corp V.NUG

Hope Springs Eternal

[pms37888]

If I read all the Company newsletters correctly, Nug has just suspended a planned 5 hole drill program due to another "duster" in Hole #2. 
If I understand the following, Hole #3 is everybody's favorite on the Geology team.  Considering that NUG still has money in the till???,  I trust that Albert and crew are going over ALL past results and will come up with a drill plan for the Spring, let's hope.

But if I happen to find the NUG Crew drinking tequila shots in Los Cabos this winter I will advise Stockhouse posters.

Otherwise, just hide your shares under the mattress and see if your Hopes Spring Eternal.

[Sailormark]

Did they drill 3 holes? 

[Shoot4stars]

It's funny that analysts on different sites have NUG as a buy, hope they have something figured out , I don't think they drilled hole 3 but I understand that they made a road there, and I thought they wanted to wait for the ground to harden up over winter to get the drill rig in. makes me wonder why they wanted to rush the results, unless they knew there was the likely of a duster and

[Sailormark]

Over 6 million shares traded today. Sure there is selling but many are buying. I am not gonna sell mine. Been in here for four years may as well stick it out. 

[pms37888]

They only drilled 2 holes.  Both of which are dusters. Hole 3 is supposedly the absolute "favorite" of all the geologists brought over from Barrick. Will they drill that location in the Spring.  A Winter Drill Program can be done but it's very expensive. How much money is left from the last Private Placement?  Enough for the next three holes, or did everyone disappear

[Sailormark]

My gut tells me to stick around here. Something will work out.

[Shoot4stars]

Just any one or two people knowing Barrick is maybe there will take this stock much much higher, I was surprised we didn't have any high volume before the news release, they did do a meeting on the 29 th , so either they keeped everthing low key or there's something else coming, they could of had this to a half a cent if they wanted. Now for winter drilling and cost , there not in 4 feet

[Sailormark]

Shoot4stars I do believe there is something brewing here. What if Barrick gets curious and adds some money.  It would nothing for Barrick to do.   

[Shoot4stars]

We can speculate on everything, two weeks ago we where talking what the price would be with a good hit, now where in survival mode. I remember Albert saying on his video that a JV would be with a small or mid size company and he mentioned that Barrick and Oceana would not be interested. I thought that was odd when I heard that, so who knows maybe Barrick is there, they owned the property before .

[tigris72poo]

Barrick doesn't do JVs with busted juniors and doesn't care for anything that has less than 5 mill oz.   Oceana should take them out of their misery for 2c in stock.  They will have a lot of FCF from Hailee U/G and Didipio and can afford to mount a serious exploration program.  They could use a second project in North America.