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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 _Highlander_on Feb 03, 2018 12:50pm
127 Views
Post# 27496669

what are people expecting

what are people expecting
your post is a perfect example of the unrealistic expectations and lack of understanding of property development, over the last year the company radically increased the size of gold mineralization on red hill, the added Avacado, Serena and Vio, the market didn't respond because there is a naive expectation that every time a new deposit is found they should hit monster grades on early wild cats, has that ever happened in the history of any Jr. It took 40 or more holes at darkstar before the large grades where hit, but some how NUG is expected to get it in the next Four holes, which are two wild cats at the untouched westernslopes, let me explain if they find 20 feet at .25 grams this is a home run, this market is so dumb they will dump that, but it means the surface area of mineralization is now approaching the elephants up north. With this many targets and Serena creeping up in grading, Barrick and Oceana will not be letting their investment go to waste. The story here is an emerging one, a year and half ago Nug was a small mild grade deposit at iceberg now they have three more at Avacado, Vio and Serena and possibly western slopes, bring this to five, but every one should keep selling at 17 cents because because the early discoveries haven't hit darkstar grades. Were sitting on one of the largest properties on the cortez and they have gold all over it. The next four holes don't break this deal, Imho dude glta
Bullboard Posts