Bullboard - Stock Discussion Forum 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... see more

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TSX:FURY - Post Discussion

Fury Gold Mines Ltd > Sum of the parts re-evaluation

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Post by PeterThomas on Dec 07, 2021 2:23pm

Sum of the parts re-evaluation

Dolly $35M
Committee Bay $60M
30 % JV = $15M
Eastmain = $50-70M high grade pit capable.

$160M or $1.10 per share.

Takeover = $ 1.50-1.70 (@ gold $2000)

Assay results due over the next 5-6 weeks. They have been delayed aound 3 months.
I van says everyone will be happy again by end of Janaury, except possibly not their wives.

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Comment by prem124 on Dec 07, 2021 5:04pm

DV was valued at 50 million according to news and there is further upside. I could not be bothered reading past the first line after you make up numbers.

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Comment by goldpolka on Dec 08, 2021 10:53am

RIght now, DV current total market cap is approx. 207m shares o/s x $0.62 trading price = $128m Fury's share of DV = $128m market cap x 36.9% = $47m Right now, Fury trading at about $107m market cap TOTAL. This means you are paying $60m for Committee Bay and Quebec assets. Seems cheap to me for these assets ... so, all else equal, share price should improve a little as people realize ...more

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