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Fury Gold Mines Ltd 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 ST225EOon Feb 11, 2021 11:00am
208 Views
Post# 32537604

RE:Tier One Silver to Raise C$10 Million in Equity Financing

RE:Tier One Silver to Raise C$10 Million in Equity FinancingJust my thoughts, please correct me if I'm wrong somewhere.

Auryn closed at 2,5 usd.

Fury currently worth 1,73 usd but we only got 0,675 shares per Auryn share, so actually we got 1,17 usd from Fury.

That means our Peruvian spinoffs need to be worth at least 1,33 usd to equal the closing price of Auryn.

I still think Sombrero is worth more than Tier One, so 0,78 usd per Tier One share seems like a good price to me. I expected around 60-70 cents.
Also worth mentioning gold was trading a few percent higher in october last year.
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