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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 Nov 25, 2018 1:17pm
103 Views
Post# 29019068

RE:How much news is already priced in?

RE:How much news is already priced in?
bill the market is mad at them, not because of what they have, hole 18sr-2 is one of the best holes found in nevada this year, they are mad because they keep wasting money on 2 and 3km hail marrys, because some how they think that will attract a third party. They have a reasource now, they need to prove out serena and add it to what few hundred thousand OZ's iceberg north is now, this is the model GSV did and Corvis, both of of them are in the 2 dollar range now, go look at Corvis motherload drills, they are barely better than serena and they dont have anythjng close to thus last serena drill, and its an epithermal which are less economical, but they did things smart. After hole sr18-02 the entire drill progam should have been on that area, and maybe one or two step outs. IMHO
Bullboard Posts