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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 BillSmith9on Mar 09, 2018 9:26am
121 Views
Post# 27690022

Agree that announcement of drills turning won't move price.

Agree that announcement of drills turning won't move price.Clearly it is results that matter.  While we're on that subject, let's remember that the Resource Estimate will be for only about 35% of Iceberg.  Iceberg may still expand.  So could one guess that Iceberg is 3x the figure they announce?  Maybe. 

Anything from Avocado, Serena, or Vio, will be extra.  

I would add that all news and attention tends to be favorable in keeping NUG's name out there and plays a role in reassuring existing holders too.  Last year GSV was a mess with drill delays and GDXJ rebalance.  But it seemed to be compounded by management silence.  I am a fan of self-promotion by these explorers.
Bullboard Posts