Fury Gold Mines Ltd T.FURY

Alternate Symbol(s): FURY

Metals & Mining Gold

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

Fury Gold Mines Ltd

Bullboard Posts

Comment by goldpolkaon Oct 27, 2020 9:50am

205 Views

Post# 31787528

RE:Show me the money

The real question is not whether to add, trading confidently, dead money, etc ... those are all things that blow with the wind. Will be tough to ever time this stock to any quick upside move as well.

The question is whether FURY assets are currently worth $200m (market cap presently approx) ... and what is the upside. If you think it's a good risk / reward, start taking a position.

Based on Homestake and Quebec assets, I would say $200m is a reasonable base level for this company to be valued at ... and there is only upside from here if / when the resources are expanded using the existing Treasury.

But time will tell ...

GLTA

Bullboard Posts

Investors eye Australian gold mining projects amid promising developments