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NuLegacy Gold Corporation V.NUG

Sector: Metals & Mining | Sub-Sector: Gold
Alternate Symbol(s):  NULGF

NuLegacy Gold Corp is engaged in the exploration, identification and development of gold resources.
Price: $0.15 | Change: +$0.005 | %Change: +3.45%
Volume: 68,000 | Day High/Low: 0.15/0.145 | 52 Week High/Low: 0.175/0.06
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From a Goldquest poster:

Challenging capital markets has seen M&A activity increase. In the first half of 2015, we have seen an acceleration of M&A activity. However, only a few of the deals have been splashy takeouts at...read more
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RE:RE:NEWS!

The results indeed are quite okay. Not as high-grade as the first hole, but still economical grade (I think? Any specialists here?) I also found this write-up: http://www.caesarsreport.com/blog...read more
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RE:NEWS!

I guess these results look ok.....good idea to raise a little cash beforehand. Now the have the cash in hand to complete the required spend and give notice to Barrick. The next batch will be...read more
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NEWS!

Assay results...................................................http://nulegacygold.com/s/News.asp?ReportID=711610&_Type=News&_Title=Nulegacy-Reports-2nd-Set-of-2015-Iceberg-Drilling-Results  rate and reply
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RE:v.CGD's (at just .015 !!) Cortez Summit project in the mix !

Here's a video. NuLegacy's project is mentioned: https://www.youtube.com/watch?v=PvlBafI-HWE  rate and reply
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v.CGD's (at just .015 !!) Cortez Summit project in the mix !

From Carlin Gold's (v.CGD) website: http://www.carlingold.com/projects/cortez-summit-property/cortez-summit-property  rate and reply
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Financing increased due to strong demand!

NuLegacy Gold Corp Symbol C : NUG Shares Issued 141,453,879 Close 2015-05-28 C$ 0.135 Recent Sedar Documents View Original Document NuLegacy increases private placement to 17.5M units 2015-05-29 14:50...read more
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RE:Back in 2005 and 2006 ......................................

Barrick can't just sit on it because of the way the contract is written. They are required to spend at least $1.5m a year. http://nulegacygold.com/i/pdf/NUG_FS_COMBINED.pdf  rate and reply
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Back in 2005 and 2006 ......................................

If Barrick backed in to a deal the share price of the jv company was cut in half (remember Atna) on the announcement?  Everyone knew that Barrick would sit on the project and do nothing until the last...read more
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RE:RE:The way I look at it

I don't see how ABX advancing the project for several years, equals NUG in the doldrums, but we shall see. In terms of a catalyst, I think there are a number of possibilities. It's interesting to me...read more
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RE:The way I look at it

Assuming the first option is the one that materializes, that is Barrick agrees to spend 15 million and gain the 70%, this will be over the span of several years. NUG stock would linger in the doldrums...read more
5 stars

The way I look at it

Here is the way I look at it... After NUG completes the earn-in this year and obtains a 70% interest, I think they are in a win/win situation. The first option has ABX earning back to a 70...read more
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List of Barrick JVs/Option agreements

Does any body know of a good public source?  rate and reply
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if

nug is an elephant in Nevada Barrick will back in. If they don't think Roger has what he thinks he has then it is open season for some kind of a take-over by someone ( I won't say the word but it is a...read more
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Barrick backs out of Nevada exploration JV

Barrick backs out of Nevada exploration JV Andrew Topf | May 17, 2015 http://www.mining.com/barrick-backs-out-of-nevada-exploration-jv/?utm_source=digest-en-mining-150517&utm_medium=email&utm_campaign...read more
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Maybe someone can tap ANON on the shoulder .................

and let them know gold is rallying hard so they can stop dumping into the bid.   :) stateside  rate and reply
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Looking to add since now below high grade discovery levels .

I guess they never actually hit those high grades.  At least based on the stock reaction as it is now lower than it was last month.  The worst bear market for the jr's in history will tend to do that...read more
5 stars

NuLegacy's shallow-gold legacy in Nevada

The Calandra Report: NuLegacy's shallow-gold legacy in Nevada   Thom Calandra  0 Comments|3 days ago ...read more
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RE:Once more for those who cannot read

The bid would be if Barrick wanted to take NUG out completely ( alittle negotiations may take place).....or if another interested company entered the fray for some competition and offered NUG...read more
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Once more for those who cannot read

(despite also reminding others to: "do your DD" while not doing that very same thing themselves): "NuLegacy Gold's objective is to complete the earn-in to the Iceberg Project by the fall of 2015 on...read more