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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

Comment by _Highlander_on Dec 21, 2022 12:01pm
343 Views
Post# 35184816

RE:RE:RE:Albert Matter repeatedly disappoints.

RE:RE:RE:Albert Matter repeatedly disappoints.I forgot about  Bill,   he was activd back in the iceberg days.   I said this in the befire when they found Serena  as an addition to iceberg,   theu 100% should have done a 43 101,   gold at the time was 1300 Oz,  it's now 1800,  even if it was economical its value would have increased,  it was still a quantifiable resource the market could grasp,  with that backing them they could have slowly done step out holes.  Albert gambled on hail Mary's and now Nug is one cent,  with almost 600 million in paper,   he has no choice but a 10 to one roll back and to start again.  Perhaps he might re vist the more cautious strategy I just mentioned.
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