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Re: ashy2classy post# 618

Friday, 12/02/2016 10:06:08 AM

Friday, December 02, 2016 10:06:08 AM

Post# of 4985
Nulegacy - I like them alot as well, they have ore (Carlin type) that can be cyanide heap leached and profitably mined at very low g/t concentrations. Its in a fault zone that's had multiple multi million oz gold mines previously established along. In a mining friendly state (NV).

Downside for Nulegacy is I think that they're more well known since they are in such a high profile area and thus already have a higher market cap. ATC and MAW are way off the beaten path with their geographic locations from most mining companies. Their ore bodies haven't been well established yet. Both seem a little riskier but I think both could be wildly rewarding. I've been pushing up my percentage of MAW to get up to 10% of my entire portfolio.

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