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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 montydogon May 26, 2021 12:51pm
149 Views
Post# 33268293

RE:Ivan Bebek on Sombrero

RE:Ivan Bebek on Sombrero Bill Powers does a very good job of holding Ivan's feet to the fire in this interview. Best most informative interview yet.

A big takeaway for me is getting the access agreement for Sombrero is proving to be problematic. Whereas listing delays for Tier One was / is mainly down to delays with the exchange, in Sombrero's case, delays are / will be down to the fact that they won't list until they have that access agreement, and Ivan admits that could conceivably take years.

However, if that does look like it'll drag on for too long, then they'll pivot to finding a new acquisition that will enable them to fully capitalise on the predicted copper boon over the next 2 to 3 years. Of course, this course of action could also take quite a bit of time.

So net net, expect long delays with Sombrero.

On the plus side, Sombrero is likely to be an absolute monster when they do finally finally get that access permission.

And Tier One also looks amazing, and genuinely imminent....
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