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Fury Gold Mines Ltd FURY


Primary Symbol: T.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 Jun 04, 2021 11:33am
142 Views
Post# 33329835

RE:RE:RE:RE:RE:Fury Update

RE:RE:RE:RE:RE:Fury UpdateHallidas - Basel III, yes defo. Canadian flow-through terms - quite possibly, though I'm not Canadian and not entirely familiar with how that works....

However, both of these (strongly positive) tailwinds apply equally for all Canadian gold explorers. And there are plenty of other Canadian gold explorers competing with FURY for shareholders attention.

Pennyflipping is concerned about the low share price creating an expensive finance-raising environment, which is absolutely right. Mike Timmins acknowledges this in the interview.....

So I guess we just have to trust the boys to manage this as best they can. But whatever the SP does in the short term, and whatever financing terms they get, I wouldn't want to sell a single share before we at least get first results from Committee Bay. And I'm now expecting that could be Summer 2022....
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