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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 BillSmith9on Dec 23, 2016 11:36am
134 Views
Post# 25640133

If you share management's enthusiasm, average down

If you share management's enthusiasm, average down Here's a different opportunity to increase your profit potential. Paying fewer taxes is the same as getting a higher share price. I am familiar with U.S. tax laws, not Canada. I recommend shareholders convert taxable accounts into IRAs, and convert traditional IRAs into Roth IRAs. Shifting shares to an IRA might reduce current taxes. A Roth conversion is a taxable event, but in the U.S. you have until April 15th to pay taxes.  Real optomists might bet that they can sell a few shares at higher prices in April to pay tax. I'm offsetting some tax by donating an old Toyota to charity. Of course your experience could differ, so consult an expert. Is it difficult?  Took 5 minutes on-line at Chas. Schwab.
Bullboard Posts