Fury Gold Mines Ltd FURY

This ship...

[swingtrader45]

...sets sail soon.



Ivan said the lab is scheduled to deliver Comm Bay assays in September. He also said it's the best rock they've ever drilled up there. He said it was time for his family and people who follow him to double down. He has reiterated how it is his favorite exploration area on earth.

So now all I need is for Gran Pa Pa Juneau to come on here and give the green light to buy. And I'll add to my position.

My question to this Board: if the ship is setting sail this week should you wait to buy your ticket next week? Thoughts? GLTA

[BullionGirl]

Question: If Fury is expecting great assay results why didn't they wait till AFTER the results to do their financing??

[swingtrader45]

When you take a step back it looks like A) Mike Timmins prolly way overspent and there was less cash in the bank than we thought. B) The new guy always wants to get his buddies in cheap. C) The stock will actually go up more with a positive result after a financing as there is no perceived overhang. The one thing I don't like is they issued warrants. This tells me it was mostly Point A

[willyk3]

I would guess "b" For me non brokered private placement usually equals insider gift

[swingtrader45]

Yup. And that's why The House usual wins. GLTA

[pennyflipping]

Why buy now when you can just wait for the drill results to start coming out? The way management has been fumbling things, I can easily see the SP dipping into the 60-50s before even getting to $1 again.

[swingtrader45]

Yes Pennywise anything can happen but don't forget the guy who fumbled has 'resigned'. Happy to buy alongside the new guy's buddies. Recall Ivan publicly called for his friends and family to average down. I rarely average down on these bets and have a stop loss so if it does go to $.50 I'll be long gone. Bottom line I'm placing my bet on Ivan Bebek over the crappy market

[pennyflipping]

All of the management team came as a big package. They don't have exploration experience. MT was absolutely the wrong guy, but his remaining management team is still the wrong skillsets.

[swingtrader45]

Dude, step away from the Bong. You are telling me there is somebody better IN THE WORLD than Mike Hendrickson and his de facto team of relationships? Just shut up and buy these stocks. GLTA

[montydog]

Haha - you're asking a board who have all seen their investment in this stock drop by 50%+ about market timing...?  If you go in today or next week, you'll have timed it a lot better than me....! ;-)

[swingtrader45]

Hey Monty, I am humble believe me. I like hearing from people and discussing these things. It is appreciated because it helps. GLTA