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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
Post by _Highlander_on Nov 14, 2016 12:54pm
141 Views
Post# 25457776

over sold

over soldMarket Fear,  gold is way over sold, the feds dumped 10 billion in paper gold after the election run up, in my past experiece they generally do this when they know they cant raise the rates, they did this in september but it was 5 billion,  Nug, most likley the PP will be suspended and left at the 4.5 due to market conditions, i belive this is priced in and really its just less dillution, they have 19 million or so in the treasuray, they are still sitting on two carlins,  Trump hasnt fixed anything nor am i confident he will, the US simply doesnt have the resourses to start the dream constructions he envisions, with out mass printing, and that favour us.  one or two respectable holes in avacado or iceberg changes this fast. this is a buy oppurtinity
Bullboard Posts