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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 > Invisible Gold
View:
Post by Smirn on Dec 08, 2023 12:34pm

Invisible Gold

From Wiki
Carlin–type gold deposits are sediment-hosted disseminated gold deposits. These deposits are characterized by invisible (typically microscopic and/or dissolved) gold in arsenic rich pyrite and arsenopyrite.[2] This dissolved kind of gold is called "Invisible Gold", as it can only be found through chemical analysis.[3] The deposit is named after the Carlin mine, the first large deposit of this type discovered in the Carlin TrendNevada.
Comment by Shoot4stars on Dec 11, 2023 11:38am
And now we wait, they kinda took the momentum out of this stock 
Comment by Summerof69 on Dec 11, 2023 4:25pm
You are correct. Carlin gold is "noseeum gold". Only rarely will you see visible gold in a Carlin Type deposit. And by rarely, it pretty much means never. The only indication that you have gold in a Carlin Type gold deposit would be the presence of realgar or orpiment in the drill core. These two minerals are commonly assoicated with the high grade sections of Carlin type gold deposits. ...more  
Comment by Shoot4stars on Dec 11, 2023 4:45pm
I recall in a few news releases earlier they where kinda saying they where going to have good results, where trading on duster results, if we start getting more gold in the kids sandbox I feel this is the price of the stock.   Wondering how much money we have in the bank now ?
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