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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 Feb 13, 2019 10:50pm
88 Views
Post# 29362074

RE:RE:NULGF down 7% on heavy volume

RE:RE:NULGF down 7% on heavy volumeAlbert believes the best value to shareholders is to find the feeder zone to gold they have found, and true if they find the feeder zones the SP with skyrocket. Problem is if they are on a million OZ's now, the market will favor the share price much higher than it is now, and he will find it much easier to raise financing, personally I think he's wrong, GSV and Corvis both established a small modest 43 101, this helped their share price and allowed them a much more optimal environment to raise funds. Although the WS hole was a mild hit, its hugely significant. its proof the gold mineralization zone is much bigger, 0.4 grams. NUG is in the toilet because of several factors, waterton killed this, they dumped millions into every positive news result, a very risky drill program hasn't been rewarded even with good hits, and after the bit coin, equities and weed, nobody wants to risk in the Junior market, a significant turn around in the gold market will change this. NUG is going to bounce around the low teens till spring. Its has the potential to be the biggest deposit on the Cortez trend, it has that potential. Im guessing Bill has left, that too bad. best of luck bill
Bullboard Posts