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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 arh0070on Apr 04, 2023 12:59pm
163 Views
Post# 35378981

Hecla

HeclaThanks,the short interest on Fury is small.Investing in explorer stocks is always a long term proposition ,they tend to fly at the end of a gold bull market .Right now its the mid size producers that will be bought out.
Personally if I was the CEO of Hecla(which I also own)I would take over Fury ,gobble up the 25% of Dolly (hecla tried to buy Dolly some years ago but were rebuffed)and sell of fury's gold assets .Thus they would then control Dolly which would fit well with thier other silver assets in North America.
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