RE:RE:RE:RE:Confirm my view of the new Equity FinancingI can always buy one or the other or both of the Peruvian deals when they come back to trade and if they still are looking OK and have permits but when will that be ?
And I can always buy Fury if it ever makes a discovery.
But for now I have all of my money to invest elsewhere while Ivan dyks around in Peru doing what I don't know and Tim trys to turn a bunch of sows ears into silk purses.
The idea that for every 10,000 shares I owed of AUG @ $ 3.00 = $ 30,000 was going to turn into 7,000 shares of Fury @ $ 2.00 = $ 14,000 and my $ 16,000 was going walk about for maybe 1 year just wasn't that appealing to me.
Ivan is working the deal hard but no one is biting, they are bailing as you can see.
Very poorly thought out from the get go, it's not my fault, it pizzed me off right aweigh and I just vocalized that.
I'm hoping he get's his shite together and comes up with a better plan although he may just ride this one out to failure, a no vote, and then Beaty and the Boys will have to find a new CEO to repair the damage.
But for now I'm certainly not losing any sleep or money !
GoldenOrb wrote: But what you neglect to mention is the two Peruvian splits @ (using 10,000 shares example). Moose pasture is far from the reality of Sombrero & Curibaya. So we get 10,000 each (27,000 shares total from the three way divide) of these two Peruvian concessions (which in Curibaya's case will be expanding with the options card), are far from being "moose pastures". I have a feeling that both Sombrero & Curibya are going to be quite large ore deposit surprises. So even at $2.00 per with a 1/3 haircut on Canadian assets w/Fury Gold, we will also have the full 10,000 shares each of the Peruvian concessions. To me that is a very good wager for high profits from both the Peruvian assets & in the long run (out to 2025) actual Canadian production mines(s) with probable 6-8 g/t deposits in the millions of ounces. Whose to say w/Commetee Bay (w/Tim as CEO) they finally drill the high grade they have been honing in on. That would be icing on the Canadian Cake. I'm sure Ivan isn't being a fool in wagering a large amount of his own personal money to lose in a wayward venture. IMHO