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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 elaelaon Mar 02, 2018 6:05am
108 Views
Post# 27649642

Looking into the future

Looking into the future This past year has been a disappointment not only for Nug but for the gold sector in general. Specially for Nulegacy, as the project has progressed with the discovery of more holes, and the grades getting better.  We have to look at the price of the stock. It's been a long time since we have seen .30 cents Cdn. Now even .20 looks far off. Waterton hurt us last year. Don't know what it will take to bring in new money into Nug other than hitting a bonanza kind of hole or a new partner coming on board. 
Mind you, GSV & KOR ( though more advanced) have hit great holes recently but it hasn't done much for their price either. So again don't know what it's going to take to move this stock? The price of gold?  I guess hold on and be patient is the best we can do for now. Just a little rambling on disappointment. 
Bullboard Posts