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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 > Re Volume Up
View:
Post by goldsoldat on Mar 16, 2022 2:13am

Re Volume Up

I am a NUG shareholder. I do not trade options, so the following is pure speculation on my part. If exercise of the options generates money to NUG for an expanded upcoming drilling program, could it be that part of the "deal" with old repriced, and new, options to company insiders is that the insiders will (must?) exercise the options now, rather than later? If so this would infer confidence in the future drilling results, and explain the volume. Goldsoldat
Comment by Fireball77 on Mar 16, 2022 7:37am
Yes , maybe that's it,  but it only generates $470 000 .
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