NuLegacy Gold Corp V.NUG

Alternate Symbol(s): NULGF

Metals & Mining Gold

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

NuLegacy Gold Corp

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Comment by BillSmith9on Feb 22, 2018 10:58am

84 Views

Post# 27601682

RE:why are we down so much...any news?

We are down due to
1. Lack of news. It is February
2. Gold isn't quite ready to take off. It could take a few weeks.
3. With Resource Estimate and drilling imminent, hold on.
4. The rumor is, there is gold on the property.

Also a Big Thank You to whomever sold me the 40,000 at U.S. 14.1 just now. Now you can book that big gain(?). Some will pay less, but it hasn't been easy to buy in size lately. I expect this will work out fine.

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