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Bullboard - Stock Discussion Forum 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... see more

TSX:FURY - Post Discussion

Fury Gold Mines Ltd > What is the significance, if any, of FURY being on the NYSE?
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Post by GoldInsect777 on May 04, 2023 10:45am

What is the significance, if any, of FURY being on the NYSE?

Was Auryn on the NYSE before the spinout? 

Also, as a partial sidenote, does anyone have any insight as to why most Canadian juniors will only trade on an OTC exchange on the U.S. side and not on a major U.S. exchange?
Comment by MaterialsMan on May 04, 2023 11:55am
Lucky 7's, As an analogy, basically, the NYSE is to the OTC (pink sheets), what Toronto is to The Vancouver exchange. NYSE & TOR are considered much more respectable I guess might be the word. In the U.S. some full service brokerage firms will not allow a client to purchase many foreign stocks whose symbol ends in F (pink or gray sheet stocks). That would include many foreign mining stocks ...more  
Comment by GoldInsect777 on May 04, 2023 5:50pm
MaterialsMan, I understand all of what you just outlined. I guess the jist of my question is - given the NYSE's stricter listing requirements than pink sheet excahnges and it's lack of willingness to cater to speculative foreign penny stocks, then how did FURY manage to get on it in the first place? They are a non-producing junior explorer penny stock, even in CAD terms. I could ...more  
Comment by MaterialsMan on May 04, 2023 8:49pm
777, You bring up a good point. Not only how they got on to the big board, but how they remain on it. I believe that, on both the NASDAQ and the NYSE, if a stock falls below $1.00 per share for a certain period of time, it is supposed to be delisted. Some companies do reverse splits to avoid that from happening. FURY's time limit has got to be just about up. Maybe we can look forward to owning ...more  
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