NuLegacy Gold Corp V.NUG

Alternate Symbol(s): NULGF

Metals & Mining Gold

NuLegacy Gold Corporation is a Canada-based exploration company focused on exploring for high-grade Carlin-style gold deposits on its premier 108 sq. km (42 sq. mile) district scale Red Hill property. The Red Hill is on trend/adjacent to three of Nevada Gold Mines' Carlin-type gold mines; the Pipeline, Cortez, and GoldrushII. Its Red Hill Property is located in the Cortez Gold Trend of north-central Nevada, United States (US). The Red Hill Property encompasses a total of 1,363 unpatented lode mining claims covering approximately 108 square kilometers (km2), of which 881 mining claims totaling approximately 68 km2 are owned, subject to certain underlying royalties, 100% by NuLegacy Gold Corporation and 482 claims comprising approximately 40 km2 are 100% controlled by NuLegacy pursuant to the Idaho Lease. Its Rift Anticline drill target (approximately 10 km2 within the 108 sq. km Red Hill property) has favorable Carlin-type gold system geology located within Nevada's Cortez gold complex.

TSXV:NUG - Post by User

NuLegacy Gold Corp

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Comment by BillSmith9on Dec 13, 2015 9:32pm

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Post# 24381649

RE:Nug closing price

CEO Anderson is on record saying they have significant interest if Barrick passes. $15 million is not so much for 40%. Opinions? I am trying to figure out how to read Barrick's foot dragging. Sure it let's them keep options open until the last minute, I.e. maximizing the time value of their option. On the other hand, they have probably decided. If they like the deal why not announce it tomorrow and send that message? I am not afraid of Barrick passing. If I understand management, neither are they.

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