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Fury Gold Mines Ltd AUG


Primary Symbol: T.FURY Alternate Symbol(s):  FURY

Fury Gold Mines Limited is a Canada-based gold 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 23,000 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 250,000 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 100% interest in the Eleonore South project. The Eleonore South 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

Bullboard Posts
Comment by Veteran1on Jan 15, 2010 4:43pm
412 Views
Post# 16685367

RE: Stalled?

RE: Stalled?Hello again - Kid cool ,

Action is on Augen Gold now - has doubled from its lows past 3 months -luckily Augen Capital owns 1/3 of Augen Gold which is a very big position for Augen Capital. so as Augen Gold rises so should Augen Capital.

Augen Capital business has changed from the flow through business that gave them management revenue and very little in terms of updates which is frustrating considering where the stock has dropped from. I know there is things happening just by readiung Augen Gold updates but this is not being shared with Aguen Captial sharedholders.
 
IR work needs to improve for sure but for now I am happy to hold on to Augen capital to ride the coattail of Augen Gold. If Augen Capital wasn't so cheap in terms of stock price I would of sold Augen capital and went with Augen Gold for the big upsdie potential.

No use selling at 1/2 of the approx book value now - say ride it our for a few more quarters to see what happens with Augen Gold.

GLTA 
Bullboard Posts