Fury Gold Mines Ltd T.FURY

Alternate Symbol(s): 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 > Gotta be a reason

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Comment by goldpolkaon Dec 03, 2023 2:42pm

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Post# 35765988

RE:RE:Gotta be a reason

Agreed.

In fact, Hecla (after its latest investment in DV) now owns 15.6% of Dolly Varden, so combined with Fury 22% (after dillution from Hecla investment, down from 23%) would own a combined 37.6% of DV.

Agreed they could spin off, or probably sell to another player, the remaining FURY assets, although they also could just keep them for future prospects.

It makes total sense ... but wonder what Hecla would have to pay for ALL of Fury after the initial run up ? $1.00 ? $1.50 ?

GLTA

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These cold weather stocks are looking to heat up for winter