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Bullboard - Stock Discussion Forum 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... see more

TSX:FURY - Post Discussion

Fury Gold Mines Ltd > Getting it all for free now
View:
Post by goldpolka on Nov 21, 2023 10:30am

Getting it all for free now

At 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
Comment by goldpolka on Nov 21, 2023 10:32am
Post should have said 270m DV shares @ $0.88 (not $0.48) ... typo.  The other numbers are all the same.   Getting the rest of Fury's assets for FREE now !
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