Bullboard - Stock Discussion Forum Fury Gold Mines Ltd FURY

Primary Symbol: T.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... see more

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TSX:FURY - Post Discussion

Fury Gold Mines Ltd > Dolly

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Post by arh0070 on Oct 26, 2024 11:01am

Dolly

Fury has 19% of Dolly ,its a shame they sold off some to fund exploration in Quebec which would appear to not have added much value ,in contrast on the strength of the price of silver Dolly is up a lot.
Keeping all the Dolly shares and not doing exploration in Quebec would have been a better plan.
Hecla needs to take over Fury ,the value of Dolly shares held by Fury is about 60 Million Canadian ,which mean the Quebec assets are worth about 10 million or so.
Hecla could buy out Fury ,then it would own 34% of Dolly ,they could sell off the Quebec assets.
With the massive rise in silver with more to come Hecla could easily take out Fury.

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