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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 goldpolkaon Nov 21, 2023 10:30am
178 Views
Post# 35746338

Getting it all for free now

Getting it all for free nowAt current DV price of $0.88, DV has a market cap of $238 million now (270 million shares @ $0.48)

Fury's share is now (22%) (59.5 million shares) ... or about $52 million.



The ENTIRE market cap of FURY is about $64 million right now, and they have something like $9 million in CASH as per last interview.  Which means $53 million market cap (excluding cash).  


So in essence, right now you are picking up all the rest of Quebec assets and CB for NOTHING.

What is wrong with the share price ?  Don't others see any value ?

Would be curious to others' views as to why this stock price seemingly moves lower as DV moves higher ?  Who are the sellers ?  And why ?


GLTA
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