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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 Geowatchon Dec 11, 2017 11:49am
151 Views
Post# 27130763

RE:Hanging on but this sector is getting crushed

RE:Hanging on but this sector is getting crushedI bought this stock when they merged with North County. I sold on the way up as I didn't like the Committee Bay project. I thought and still do that going into Peru was the right thing. I have a big question mark on this management after raising like $50 million and having results like 12 m of 4.7 g/t Au. This will not make it up north. The only hope are the Peruvian properties. Only the Sombrero property interests me as the other has been drilled.

I see them having like $3 million the bank at the end of year trading around a $1.50. They will have to raise another $30 million for next year's exploration. 

Looking to jump in again after I see some progress in Peru and see all their results in the north. January is a good time to meet management at the conferences. Unfortunately I tried few times and their CEO was never there! Not good.
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