Post by
arh0070 on May 23, 2024 9:49am
Fury
This is a good news/bad news day .Fury is raising 5 million to persue more drilling at Eau Claire using the mechanism of tax deductible(in canada) drilling expenses .This will allow Fury to further explore about the Eau Claire deposit and perhaps elsewhere like the Eleanore south area ..As always happens the share price has dropped 20% on this news over the last few days.
The good news is that they have about 2million ounces in this deposit including the Satellite deposit (Percival)recently recently discovered.
The other good news is that Dolly share price has increased substantially making Fury's ownership of about 17% of Dolly more valuable.
Probably a good time to buy for anyone wanting to acquire more Fury shares.
Comment by
MaterialsMan on May 27, 2024 10:44pm
Another 10 or 12 %. That seems like more than an impulsive reaction. That's on increased volume as well. At this rate, FURY's market cap will be smaller than its stake in DV. Might be a heck of a bargain if gold and silver continue the run up. IMO, the stock in this company does not deserve the beating it is getting.