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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 _Highlander_on Aug 09, 2017 12:17pm
525 Views
Post# 26561335

RE:Serena zone

RE:Serena zone
would you not be excited to hit 1.0 gpt at 165 feet with 45 feet of 2.3 gpt  on your first hit in a new zone.  Iceberg is fairly well defined,  Avocado requires more exploration, I'm not sure what their plans are, but given the high grade found at Serena i would immediately focus on that,  Management cant change market sentiment or the media outlets who are pushing the bull in securities, what they have already would have put them in the 60 cent range or more in a fundamentals driven market but the market is full of lemmings traders that follow the herd and Algos that dont care about news,  GVS is way down, and most gold miners haven't corrected with the increase of gold,  When gold gets its market lustre back and the stock bubble starts to deflate you will see a stampede run back to gold and miners, be grateful your in at these bargain prices, there is little risk with NUG, the biggest risk in a Jr is they run out of cash and backers, and given what they have there is little risk of not being able to continue to find backers or funding
Bullboard Posts