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Fury Gold Mines Ltd FURY


Primary Symbol: T.FURY

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.


TSX:FURY - Post by User

Post by MaterialsManon Jan 09, 2024 8:16am
125 Views
Post# 35816961

For what it's worth

For what it's worthPundits and prognosticaters are suggesting that demand for solar panels is going through the roof.
FURY's fortunes are somewhat tied to silver (DOLLY). One solar panel I believe requires between a half and a full oz. of silver. Demand for silver as a result is expected to exceed demand soon.
Microsoft has supposedly made a deal with a Korean company to provide panels big time.
In fact, as a result, there are plans for a 2.5 billion dollar plant in Georgia.
This all sounds rosy for silver. But, beware. Things can change. If the price of silver becomes prohibitive, copper is said to be an even better alternative. 
I guess because silver has always been used, there is reluctance to change while silver is still cheap.
Everything is a gamble. Look what's happened to the price of Lithium almost overnight.
Maybe we can hope that someone takes out FURY for the DV shares before any of this comes to fruition.
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