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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

Comment by goldpolkaon Jul 18, 2023 11:18am
105 Views
Post# 35546046

RE:Buckle Up

RE:Buckle UpAt the current price of $0.77 for Dolly, and $0.50 for FURY, 


Market cap of FURY is $73m, of which $46m is the value of FURY's 23% holding in DV.

Which leaves $27m for all of the other FURY assets, of which $16.5m was in CASH at March 31, 2023,

So effectively all of Quebec assets and Committee Bay are being valued at about $10.5 million.

Seems cheap to me, and might be time to invest some more in FURY, especially in advance of any positive drilling results.  Also, any takeover of DV by Hecla or another would be a boost to both DV and obviously FURY.

Thoughts ?

GLTA
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