Post by
MaterialsMan on May 06, 2023 5:48am
Gain or retain
It is beginning to appear as though Fury shareholders may be looking at an imminent reverse split. In looking around, I have noticed that many publicly traded companies, primarily in the materials industries, are either trying to retain their U.S. listings or to gain better U.S.exposure by obtaining entry onto a better exchange. It is happening with several of the companies that I have positions in. From experience, this results in short term pain for long term gain. If a company is doing it to stay afloat because of poor fundementals, that may not be a good thing. Time to get out while there is still some value. If it is for a valid purpose, and the company appears to have solid prospects, as I believe is the case with FURY, then there should probably be no worries. It may well, however, provide an opportunity to buy on a dip. Obviously, in this case, the price of gold needs to hold up.
Comment by
MaterialsMan on May 06, 2023 3:45pm
Triple 7's, Thanks for clarifying that. Now I want to find out the regs on the NASDAQ.