Fury Gold Mines Ltd FURY

Primary Symbol: T.FURY

Metals & Mining Gold

Fury Gold Mines Limited is a Canada-based exploration company. The Company's principal business activity is the acquisition and exploration of resource projects in Canada. It owns a 100% interest in the high-grade gold Eau Claire project, which is situated on over 24,000 hectares (ha) in the Eeyou-Istchee/James Bay region of Quebec. The Eau Claire project is located approximately 800 kilometers (km) north of Montreal and 350 km northwest of Chibougamau. It owns a 100% interest in the Committee Bay gold project located in Nunavut, Canada. The project includes over 270,000 ha, situated along the Committee Bay Greenstone Belt (CBGB). The CBGB comprises a number of Archean- aged greenstone belts occurring within the larger Western Churchill province of north-eastern Canada. It owns a 50.022% interest in the Eleonore South JV project. Eleonore South JV project is located in the Eeyou-Istchee/James Bay region of Quebec, approximately five km south of Newmont's Eleonore mine property.

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Fury Gold Mines Ltd > Relative Valuations - Update

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Post by goldpolkaon Apr 05, 2022 11:00am

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Post# 34576634

Relative Valuations - Update

With Fury at 83cents and DV at 84 cents, implies:

$186m market cap of DV -- Fury share is 34.5% or $64m

Total market cap of FURY -- $104m ... which means Quebec and Committee Bay assets are priced at $40m.

Or that DV now makes up 63% of the market cap of FURY ...

Seems like maybe DV should now buy FURY lol.

Anyway ... seems like a pretty reasonable value to place a bet here IMHO. However, don't seem to be many buyers. Would have thought all the old shareholders from the FURY merger, etc would be long gone by now ... and selling would be done. Guess not.

GLTA.

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