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Bullboard - Stock Discussion Forum 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... see more

TSXV:NUG - Post Discussion

NuLegacy Gold Corp > some dudes still selling at .12
View:
Post by moneyhit on Jan 15, 2021 1:11pm

some dudes still selling at .12

just a bit of patience..........  :-D
Comment by tbnorthstar on Jan 15, 2021 7:22pm
Yes, not too long to wait now to see if they clicked with holes three & four. If they miss, stock will get cheap in a hurry.  A decent interval and yes 20 cents is possible. Then the hype machine will kick in come April....10-50 million ounce targets will do that for you. Still, this is a lottery ticket....
Comment by BlindBoy on Jan 15, 2021 11:36pm
Personally, although I'd obviously prefer to see a hit with #3 & #4, I wouldn't be overly concerned if they missed. The initial holes were really testing their geological stucture theories, which have played out to a large degree thus far, other than actually demonstrating an actual hit on a deposit. Much more important will be the deeper holes to follow, which will bring us much ...more  
Comment by M0j0DaB1gE on Jan 16, 2021 12:48am
Agree with you there. Holes 1&2 proved the right type of rock was there. Albert Matter mentioned in the Jan 9 CEO talk that they encountered something to make them drill deeper.  'The good news is that, what we found as we drilled holes three and four encouraged us to drill hole four to 2,936 feet, deeper than the 2,300 feet originally targeted; but unfortunately& ...more  
Comment by tbnorthstar on Jan 16, 2021 8:23am
They went deep on holes three & four for a specific reason. I will be surprised if they didn't pick on something. Guess we find out shortly:) As for the pp closing quickly, that is no surprise given the quality of the individuals involved in the project & the potential reward. 
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