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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 Jan 18, 2018 1:48pm
113 Views
Post# 27386320

RE:markets are to retarded

RE:markets are to retardedMy take on the latest release... This sentence from the release, 

'The several high-grade intervals of approximately 10 grams/t gold drilled in the Serena zone during the 2017 season substantiate NuLegacy’s expectation of a large and robust gold system of mineralization present at the Red Hill property'

is 
what us long term investors want to hear. Short term investors were maybe hoping for incredible grades so they can trade out for quick profits. This is a boring play compared to other sectors where huge gains can be made on a daily basis. GSV also had some great results recently, but nobody took notice. Unless gold goes on a tear, or we can attract a new partner that will drop a nice chunk of cash on our lap, I don't see much happening with the SP. I think we will have to be very patient, and just hope the grades get better and better as we progress.
Bullboard Posts