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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 BillSmith9on Aug 14, 2018 3:39pm
76 Views
Post# 28459383

RE:Why the market No-likey... why??

RE:Why the market No-likey... why??I've way overused my posting privileges, today but here are possibilities:
  • Plenty have not read this board or received Albert's Chats.
  • We are not as many as we once were.
  • My first post on today's news only has 32 views, and I was several of those.
  • Gold may be trying to find a bottom but it traded lower today.
  • Margin calls.  If your account declines and you get a margin call, you raise the most cash by selling unmargined shares, such as NUG. You can't borrow against penny stocks.
  • Someone has a wedding or tuition, or car repairs to pay for.  Or they bought a house.
  • Someone else donated shares to a charity.  Charities always sell.
  • Someone may have died, and their relatives are dumping the crappy little gold stock.  My relatives would.
PS, if insiders had sold shares to buy units, we would have, or will soon hear about it on SEDAR  I doubt it.
Bullboard Posts