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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 Aug 14, 2018 4:48pm
58 Views
Post# 28459954

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

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

"PS, if insiders had sold shares to buy units, we would have, or will soon hear about it on SEDAR  I doubt it."


I doubt this occurred as well, first, because the SP has been floating at 18.5 to 17.5 cents for the most part ( today the exception ) , and second they released a press story saying they were last time, this time they didn't.  regardless, they bought more than the first tranche and Oceania maintained their commitment, both very positive,   Gold has bounced around a 200ish dollar trading zone for five years,  i don't see any danger to why this wont continue  if you look at the long term chart gold is still moving up, rate hikes after this year are to decrease.  Today's SP is a perfect example of knee jerk reaction by people that didn't fully read the PR,  they only read that they had fell just short of the first numbers, they didn't bother to digest the rest, that is Oceania and Management bought more,  GLTA
Bullboard Posts