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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

Post by toppgunnon Aug 09, 2021 12:10pm
245 Views
Post# 33672089

Continual Downtrend

Continual DowntrendBack in Sept 2020 was seriously comtemplating on buying FURY but decided on another stock at  as it came to two companies.  Fortunately picked another company as yielded a monthly dividend and wise choice - never can predict future.  I thought there was strong value in FURY as was around 2.00 dollars and always thought this had potenatial towards 3 or higher.  

FURY has been on a total downtrend over the last year and wonder where the bottom is on this stock.  However, realize gold sector has been a poor performer over last year. 

It is hard to determine whether FURY shows value at these prices and whether continues to correct towards .25 to .50 cent range similar to Eastmain resources before the restructuring. 

The fiasco with Eastmain getting a lower price than was initially stated in news release and gimmicks by the CEO seameed to appear to greasy for my comfort at that time.  He spoke to highly of FURY being undervalued and never had enough substance to back it up. 

That said, a poor environment in gold but FURY has not lived up to its initial expectations.    
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