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Bullboard - Stock Discussion Forum 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... see more

TSX:FURY - Post Discussion

Fury Gold Mines Ltd > Settle down, fellas….
View:
Post by montydog on Sep 23, 2021 11:08am

Settle down, fellas….

Wow, so much negativity.

We have one on here - Pennyflipping - who clearly has a short position. You're not welcome here. Though I think most of the others, like me, are all frustrated / disappointed long position holders, so fair enough. We all need to vent off. 

Juneau and I have spoke directly with IB. But I wonder how many others have...?

For what it's worth, I think the only thing that IB is 'guilty' of is hiring an ops guy to be CEO. We can now see that this was way too ambitious. Though arguably that could well have been the right call if we had had a favourable juniors market backdrop.

But I think this is forgivable when you factor in
1) Ross Beaty and Newmont had tacitly agreed to this strategy at the time. So you'd have to acknowledge that that were party to the same mistake. 
2) Nobody was foreseeing falling gold and junior stock prices in the face of rising inflation 
3) IB did at least fix this quickly and our new CEO is to a seasoned and impressive individual.

I recognise where the upset comes from, but to suggest IB is somehow incompetent and / or a liar is wide of the mark and just not helpful. 

Personally I only blame myself for not exiting my position sooner - though if I had, I would definitely want to come back in now....

Comment by swingtrader45 on Sep 23, 2021 11:12am
OK Monty, I'll go buy some. GLTA
Comment by montydog on Sep 23, 2021 11:21am
Nice one Swingtrader. I hope you're able to move the needle back in the right direction....! ;-)
Comment by BullionGirl on Sep 23, 2021 2:41pm
I should have dumped Fury right after the breakup but got taken in by the corporate propaganda about “ pouring gold by 2025.” 
Comment by swingtrader45 on Sep 23, 2021 3:58pm
Ivan promised you the ring did he :(
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