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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

Comment by Greedeon Dec 07, 2017 10:58am
274 Views
Post# 27109085

RE:RE:Hanging on but this sector is getting crushed

RE:RE:Hanging on but this sector is getting crushed

Those kinds of gutsy decisions can be well rewarded.  My first buys were in the $1.20s and $1.40s and enjoyed the ride taking profits into the high $3s.  I never liked being out of the stock though as I continued to monitor the story so my costs now are $3.20, so I'm down a healhty -45%.
I think I'll hold because the story + Goldcorp's investment could bear out over time.

Found this article from about 3 weeks ago, might help keep some hope alive here:
https://www.petroleumnews.com/pntruncate/861740246.shtml
 


Retiredat40ish wrote: I am doubling down. When there is blood in the water you invest, gold price is falling, this is an excellent time to get in at a reduced price. I will continue to average down because I still believe in this story. However, I am thinking a year or two out.

 

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