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NuLegacy Gold Corp V.NUG

Alternate Symbol(s):  NULGF

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

Bullboard Posts
Comment by elaelaon Jun 12, 2016 6:25am
170 Views
Post# 24957932

RE:RE: Quiet Board

RE:RE: Quiet BoardHi BillSmith. We might be able to get a sense if they are on to something by the trading patterns in the last few days along witht the next few days coming up. So far it looks good. Volume is at above average and the price has increased quite a bit since it hit a low of about .26 sometime last week. We could fault the expiring of the warrants for the pressure on the sp, but it has bounced back quite nicely. Most jr gold companies were down on Friday, but NUG held up pretty good. With more increasing volume and a rise in the sp, I would tend to think, the early stages of the drilling process is looking pretty good. It would'nt hurt either if the gold price begins to rise again. All we can do is wait, and hopefully our due dilligence will pay off.
Bullboard Posts