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Fury Gold Mines Ltd T.FURY

Alternate Symbol(s):  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 GoldenOrbon Jan 12, 2022 10:06am
209 Views
Post# 34307662

A Flush Treasury going forward?

A Flush Treasury going forward?The Dolly Varden deal can be a major addition to Fury's treasury in 2022.  IF predictions are on track Fury will most likely see a doubling of PPS of the Dolly Varden shares held by Fury.  The highly prospective program of the undrilled area between DV & Homestake should bring cores that contain high ore content in both AU & AG.  The Golden Triangle has real intense investor interest driving any ore rich cores at meters depth drilled in this unexplored region between DV & Homestake.   If DV shares were to double ($100 million + Fury share value), the share profits would fund ALL of Fury's drill programs >largely expanding resources at Eau Claire, Eleonore South & especially a thorough, productive exploration of Committee Bay.  Dilution would be nil.  The entire company would be primed for a high value take over/ sale of assets refected in the PPS. 
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