Mar. 15 at 9:09 PM
$GORO “FURY holds significantly greater potential assets than GORO. Fury focuses on high-grade, early-stage exploration projects with multi-million ounce resources, while GORO operates smaller-scale producing mines with more limited growth prospects.
Fury’s portfolio centers on advanced exploration projects in Canada:
• Eau Claire (Quebec): Flagship deposit with 1.88 million ounces of gold at over 6 g/t, including a recent PEA showing
$554M NPV and 41% IRR at
$2,400/oz gold. Toll milling options could boost IRR to 84% with lower capex.
• Committee Bay: 1.3 million ounces at 7 g/t gold across a 300 km greenstone belt; underexplored with infrastructure in place.
• Additional assets like Éléonore South and an 18% stake in Dolly Varden Silver ADD diversification.
GORO, in contrast, primarily operates:
• The Don David Gold Mine (Mexico) and Back Forty, but lacks comparable resource scale or upside. Its producing assets generate revenue but show modest reserve growth”
U guys crack me up 🤣
