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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 Jul 26, 2017 6:58am
103 Views
Post# 26509716

RE:Five things to look for in an explorer

RE:Five things to look for in an explorerGreat points Billsmith9. I think the main reason the stock price has not been able to gain and has actually had quite a drop is Waterton. They first invested in Nulegacy in August 2014 at 12.5 cents. They acquired just over 25 million shares. It was a much needed investment at the time for Nulegacy. But the decision to start selling all these shares has been a hindrance on the price. Hopefully, they're almost done. I think we have lots to look forward to. The management of this company is doing great work. Personally I've invested lots of money in this company and have acquired enough shares that would make me a millionaire if this was to hit over 1$.  I'm in it for the long term. With yesterday's release, I think there's great potential and many will start to take notice as more assays are released. GLTA. 
Bullboard Posts