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Fury Gold Mines Ltd FURY


Primary Symbol: T.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 > FURY ANNOUNCES C$5 MILION PLACEMENT
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Comment by ST225EOon Sep 23, 2021 4:29am
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Post# 33903601

RE:RE:FURY ANNOUNCES C$5 MILION PLACEMENT

RE:RE:FURY ANNOUNCES C$5 MILION PLACEMENT I'm not a financing expert but it seems desperate having to finance with a 12% premium + warrants. 

I added on the way down after each 20% drop, each time thinking it would be the last time. Now I know I'll get another shot but not sure whether I'll take it. The terms of this financing have rattled my confidence.

There is value here but when will this thing turn around? Assays from both C.B. and E.C pending, possible Homestake sale, change in junior mining sentiment,... I was still optimistic before today's financing announcement. Now I'm thinking another +20% drop is incoming. If we're lucky.. If the broad market sells off we might go down another 50%...

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