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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 Aug 21, 2018 5:55am
93 Views
Post# 28490932

Last Weds., August 15th, Comex Gold hit $US 1,160.95

Last Weds., August 15th, Comex Gold hit $US 1,160.95Then it closed at $1,165.38.  Earlier this morning it hit $1,196.30.  So it is up over $30.  Sorry, I don't have it in $CA.

I'm all for buying stuff on sale, and I did, but I think I'd prefer gold, and NUG, not make a return trip down.  The pendulum swung too far when NUG reached 13 cents. I did not see that many shares trade there, I know a few did.  

I hope $CA 13 cents, and 15 cents, seen just last Friday, stay in the rear view mirror.  I bet the view is better if we climb higher.

At  17 cents CA, it is still on sale.  If anyone is looking to buy, I encourage them.  If buy low, sell high is the plan, I hope right now is the buy low part.  Management thought so.

Soon, news will tell us.  They will hit a home run eventually, their batting is improving.

Drilling Phase 1 commenced around May 8th, 105 days ago.  I am wondering if the next results might include some from Summer Drilling Phase 2?  That would be fresh targets based on Summer Phase 1 results.  Is that possible?  Or would all of Phase 1 have to be released first.  James did tell Korelin "drills are turning."

Onward, the fuse is burning.

Bullboard Posts