Uncertain No More!
To friends, family and NuLegacy shareholders/stakeholders,
Hi Folks, hope you are well!
Perhaps the 24 reasons to be encouraged about gold that I recently emailed you were too many...so here's a link to just six of the best. It seems the second prick to the Chinese equities bubble (vs the one last June) has stoked a sell-off in mainstream equities worldwide, while gold has caught a bid.
Below are several reasons to be encouraged about your NuLegacy Gold Corporation!
The first is that as of Dec 23rd, 2015 (link in case you missed it) NuLegacy completed the earn-in to 70% of the Iceberg gold deposit in Nevada, undoubtedly one of the best jurisdictions in the world in which to own a gold mine. So that eliminates an uncertainty that has suppressed the stock for quite some time.
And since the earn-in was announced during Christmas few people saw or heard about it. We will deal with that during the next couple of months as we tell everyone who gets within five feet of us (and I hope you will too) so the news will get reflected in our stock price.
Having eliminated the uncertainty of..."will they or won't they...finish the earn-in"...there only remains the elimination of the corollary..."have they or haven't they" established a threshold gold resource sufficient to attract an appropriate and qualified gold producer for its development.
Eliminating that uncertainty, which we expect to happen during the next five to six months as we count the ounces we've delineated so far and drill for more...and tell the world about it... should really help our stock price reflect the company's true value. So hang on to your hats...or double down.
The pace of gold discovery accelerated during 2015 as NuLegacy's understanding of the Iceberg's geology advanced. This resulted in numerous multi-meter intervals of multi-gram gold assays in the Iceberg, as illustrated in the links below.
NuLegacy's renowned (for finding gold mines) geological team is spending the winter of 2015-6 digesting all the data generated in last year's 32 hole exploration program in preparation for another successful year. In February we will provide our exploration plans for 2016.
Selected multi-meter multi-gram intercepts North zone.
Selected multi-meter multi-gram intercepts Central zone.
Happy New Year to all.
Albert J. Matter
NuLegacy Gold Corporation | NUG:TSXV | NULGF:OTCQX
C: 604.512.7003 | www.nulegacygold.com
1Unlike balloons it takes two pricks to pop a market bubble.
The foregoing does not constitute an offer to sell or the solicitation of an offer to buy any security and is not intended to be relied upon as advice to investors or potential investors. In addition, the foregoing contains forward-looking statements, which relate to future events or future performance and reflect management's current expectations and assumptions based on information currently available to the Company. Readers are cautioned that these forward looking statements are neither promises nor guarantees, and are subject to risks and uncertainties that may cause future results to differ materially from those expected. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances save as required under applicable securities legislation. The proximity of Barrick's gold mining operations in the Cortez Trend is not necessarily indicative of the gold mineralization in the Iceberg project.