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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 > Is the probability very good?
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Post by Awarded on Nov 14, 2023 10:37pm

Is the probability very good?

“With this configuration of holes, the probability of drilling a discovery hole, or being close enough that the alteration and geochemical analysis from that hole will vector us in the right direction is very good” Nancy Richter, exploration team leader.

The probability is very good!  How ambiguous!

What is the definition of "very good"?  Is it 0.5 %, 1%, 5% , 10% etc.?  Without numbers for the probability, I have no way of evaluating the veracity or worthiness of the statement.

A probability without the quantum has no meaning.





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