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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 _Highlander_on Apr 26, 2018 12:33pm
119 Views
Post# 27944910

RE:RE:RE:There seems to be a difference of opinion.

RE:RE:RE:There seems to be a difference of opinion.Enthusiasm is emotions, i deal with facts.  Two years ago the stock was in the under 14 cents, and went to a high of 54 cents.  when you bought this was a high risk venture, all they had was a shallow mild grade deposit at iceberg,  Since then they raised 20 million, found three new deposits, and have resource estimate in the works,  a number of ABX member joined and gold sits at 1330.  They have progressed significantly, the market cap isn't reflective of that progress, i'm not sure how you think this company will not be able to raise capital, i guarantee they will have options for further capitalization and not necessary through dilution, they have done that in the past, nobody is going to walk away from this now, unless this years drill  find pyrite at Serena and avocado, which isnt going to happenm there is just simply just to much potentental and money will take that risk for the reward this give out.  Wideout, there are a large number of institutions watching this  very close, every one knows this could be a gold rush part 2,  one hole at avocado or Serena in the 100 meter + length at 1.5 or greater per ton, the share price will race close to two dollars, and they have already found a 200 meters hole, i guarantee that 200 meter isn't sitting there all alone, they have to drill the hell out of Serena and Avocado now, and they know this.  GLTA
Bullboard Posts