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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 > in need of rollback
View:
Post by DowsingR0d on Feb 17, 2022 1:42pm

in need of rollback

way too much shares - what happend w the last ever financing for 10 mil last year
Comment by pms37888 on Feb 17, 2022 10:55pm
I think a share consolidation at this point would be mistake. It would show a complete lack of confidence in the promise of a  possible find. They should continue with the shares outstanding, 5 million in the bank for drilling, they know where the gold ISN"T after all their speculative models.  Maybe get back to historical intercepts to renew confidence??
Comment by pms37888 on Feb 25, 2022 9:29pm
Sedar Reports out on Financing for NUG, any thoughts?
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