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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 ukermannon Jun 03, 2019 9:03pm
135 Views
Post# 29795871

The Way Out Of This

The Way Out Of ThisAnd we're not going to like it, is once the market settles our perceived value, is a reverse split. A five to one will allow us to raise money for another shot at this, cut the outstanding to a pre PP of about 60 million outstanding. If we get a good gold price, $1400+, the newbies entering the jr market can be sold on the potential this property brings. Maybe a name change....get rid of the elephant concept and go with the bird...like a Phoenix we rise from the ashes...
Bullboard Posts