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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 Sep 15, 2017 12:20pm
85 Views
Post# 26701525

RE:What we need is a new partner

RE:What we need is a new partner Unfortunately, since last summer equities have been on an artificial bull, since a low of 17500 on DOW, the market is close to 22200 so that's a 4500 point gain in just over a year, it took the dow seven years to go from 7000 in 2008 to 17000 in 2016. so its gained 30% in one year.  Traders are in Equity euphoria and that wont change till there's a correction, the timing of which who can tell, but these runs always end in a sharp pull back. Gold stocks will get there shine back, most of my majors have sat idle even with a 200 dollar gain in gold, The Red hill property is the most promising property since GSV, when the market sentiments shift they shift hard and fast.  So for now we wait, only a mega find like the one NOVO stumbled on seems to get any attenton,  NUG finds while we know what it means to the propety isnt enough for the short attention span of traders, for now.
Bullboard Posts