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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

Post by MaterialsManon May 05, 2023 4:33am
166 Views
Post# 35432200

Flush

FlushWith Newmont taking out Newcrest, NEM will be so flush with cash that they may continue with a buying spree. Being involved with FURY already with its JV, and, it being only a drop in the bucket for NEM, especially after the merger, expanding their presence in the Eleanore area should make a lot of sense. Mergers and aquisitions are coming on strong. It's like the way the big banks are gobbling up the little banks. Plus, I don't think it is any secret that FURY management would like to see themselves bought out. Not quite sure how much if at all that could affect the Tier One / Sombrero operations. By the way, there is a new interview on the website in regards to progress in Peru. Good timing with metal prices moving in the right direction.
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