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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 MaterialsManon May 04, 2023 8:49pm
78 Views
Post# 35431742

RE:RE:RE:What is the significance, if any, of FURY being on the NYSE?

RE:RE:RE:What is the significance, if any, of FURY being on the NYSE?777,
You bring up a good point. Not only how they got on to the big board, but how they remain on it. I believe that, on both the NASDAQ and the NYSE, if a stock falls below $1.00 per share for a certain period of time, it is supposed to be delisted. Some companies do reverse splits to avoid that from happening.
FURY's time limit has got to be just about up. Maybe we can look forward to owning FURY as a five dollar stock but with fewer shares as well as many less shares outstanding. If FURY has good results with the drill this summer and gold continues its upward journey, it would probably be easier to raise money for the next round of drilling after a reverse split. Perhaps they could even prove out more of that Nunavut deposit.
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