Fury Gold Mines (Ticker: FURY) CEO Michael Timmins explains how the company plans to double its share price by the end of Q1 2021. Michael stated, “So I think you’re going to see a correction, so that we’d go up and start trading in line with our peer group. So in my view, that’s C$2.25-$2.50. Maybe even up into C$3 is really where we should be trading from a NAV and certainly from market-price perspective on a Canadian basis. And then, as we get active and everything else, we get drill results coming in mid-January, February, our goal exiting Q1 is to have that superior performance per share 3.00, 3.50, $4.00.”
Interview with President & CEO Michael Timmins. Fury Gold Mines is a Canadian-focused exploration and development company strategically positioned in three prolific gold mining regions. Led by management with proven success in financing and developing mining assets, Fury will advance its multi-million-ounce gold platform through potential discovery and acquisition.
Ivan Bebek found time to speak with us and provide an update, on the completed Auryn Resources deal (sponsor). Here’s how it transpired. Auryn acquired Eastmain Resources and became Fury Gold Mines. At the same it spun off its Peruvian assets into two new companies, Sombrero Resources and Tier One Metals.
Fury Gold Mines (TSX: FURY- NYSE AMERICAN: FURY) CEO Mike Timmins joined Steve Darling from Proactive to discuss Fury’s first week of trading after the Auryn/Eastmain transaction closed. Timmins discusses the company’s current valuation and also shared some insight on the two spin out companies, Sombrero Resources and Tier One Metals, which hold the Peruvian assets.
Interview with the new President & CEO of Fury Gold Mines Mike Timmins and Chairman Ivan Bebek. Auryn and Eastmain securityholders overwhelmingly approve the Auryn reorganization and Eastmain Acquisition. New CEO Mike Timmins gives an insight into the next steps at Fury Gold Mines and Ivan Bebek explains the overall strategy of the new created companies.