Bullboard - Stock Discussion Forum NuLegacy Gold Corp V.NUG

Alternate Symbol(s): NULGF

Metals & Mining Gold

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

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NuLegacy Gold Corp > Drilling

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Post by Sailormark on Nov 03, 2023 2:54am

Drilling

So when does the drilling start? And after they drill how long til results are given?

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Comment by Shoot4stars on Nov 03, 2023 5:24pm

Drilling in a week rigs are on its way , , thru out December we will be getting results, if one hits we will take off like a rockstar

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Comment by Sailormark on Nov 04, 2023 9:37pm

If one hits where do you think this one will go?

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Comment by Shoot4stars on Nov 05, 2023 5:19am

A lot more than 3 cents bud , you'll retire

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Comment by Sailormark on Nov 10, 2023 5:50am

So how much is that? $5? Higher?

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Comment by Shoot4stars on Nov 10, 2023 10:38am

I'm sure if there's a good hit .20 to .30 cents is on the table maybe even .50 cents , there would probably be a quick buyout before the price got out of hand, Barrick is our neighbor

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Comment by Sailormark on Nov 10, 2023 4:23pm

Shoot4stars I just think if they hit and news gets out the volume will be huge and it will run like the bulls.

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Comment by Chrysosgold on Nov 10, 2023 6:49pm

Nulegacy is Barrick...It's just a matter of time

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Comment by Sailormark on Nov 12, 2023 5:23pm

So if they find gold with Barrick do a hostile takeover before the price goes crazy?

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Comment by Shoot4stars on Nov 14, 2023 4:24pm

Your getting wayyyy ahead of your self , first they drill and see if there something there, one hit with five holes on a massive property, let's say one in a million . it's lopsided in one direction, so if your a what if person here's you chance $$$$

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Comment by pms37888 on Nov 14, 2023 5:10pm

I would expect them to drill close to the best hole that they've ever done first and then outwards from there. They have to have a winner right off the bat to support the stock price going forward. The first hole is reported to be done by the end of November but who knows how long the assasy take???

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Comment by Sailormark on Nov 14, 2023 6:42pm

And what if they hit and it's a good amount. where does the price go? Anyone's guess? Does Barrick attempt to buy all outstanding shares?

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Comment by pms37888 on Nov 14, 2023 5:17pm

Barrick wont make any moves until all 5 holes are drilled and assyed completely. If NUG has the goods Barrick might do a joint venture? If NUG doesn't produce some great results and with having their ONE BILLION shares outstanding, then Barrick can pick up the entire property for pennies on the dollar. We Wait And See. I've had NUG shares all the way ...more

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