We sat down with Fury Gold Mines' Chair Ivan Bebek and CEO Tim Clark for a sponsor update. Fury’s sale of its Homestake Ridge Silver/Gold project to Dolly Varden Silver is now complete. Fury received CAD $5 million, 76.5 million in DV shares and two board seats. Fury's resulting enterprise value will be in the $40 - $45 million range. 

Chair Bebek explains “So you’re getting three potentially great assets for $40 to $45 million …It doesn’t come around that often…” The transaction was followed up by a $5.3 million DV investment by Heckla Mining, the largest primary silver producer in the U.S., which also owns properties near Homestake.

CEO Clark adds, “…this is going to help shore up our treasury. We've got a lock up on those … marketable securities from Dolly for a year. Not only did we not have to finance again, but we could be an acquirer of other assets if it goes the right way.” Once silver begins its inevitable bull market, “We could pull out well over a $100 or even $200 million out of this.”

This could finance Fury’s extensive drill programs well into the future, thus precluding the need to do many more future capital raises. The funds will be put to good use. Clark observes that “We've got some of the best drill results we've ever had. (Recently at Committe Bay — 9.18 g/t gold (Au) over 1.5 metres (m) and 7.30 g/t Au over 1.0m in drill hole 21RV-012 and 0.88 g/t Au over 8.00m in drill hole 21RV-011 as well as rock grab results of up to 32.90 g/t Au and at Eau Claire’s Snake Lake 20.70 g/t gold (Au) over 1.5 metres (m) in drill hole 21SL-008, 5.16 g/t Au over 2.50m in drill hole 21SL-003 and 7.14 g/t Au over 1.5m in drill hole 21SL-009).

With significant intercepts like these, Fury will be upping their drill programs. All of which, leaves the company in the enviable position of having great prospectivity and the resources to uncover more high-grade mineralization.

(We own shares in Fury)

Company website: www.FuryGoldMines.com

Ticker symbol is FURY on the NYSE American and TSX

Direct download: 053_Fury_Gold_FSN.mp3
Category:general -- posted at: 9:02am EST

Summary:
Looking for ways to thrive as an entrepreneur/business owner? John Di Lemme I sit down and chat about how you can build your business to be sustainable and profitable in the long term. He founded Conservative Business Journal with the intention to help CEOs go above and beyond; one of the key components of this is being a marketer rather than a salesman, and branding for the best customer service possible. Tune in for more.

Highlights:
-John Di Lemme focuses his efforts on helping entrepreneurs, and founded Conservative Business Journal
-As a CEO, it’s important to think about what you can do to go above and beyond
-There is a difference between selling and marketing; marketing entails building relationships with clients and conserving them
-Focus on past and current customers rather than just running to the next client
-You want to brand yourself for extreme customer service, not the lowest prices
-Have a grand opening mindset

Useful Links:
Financial Survival Network
Conservative Business Journal

Direct download: John_Di_Lemme_24.Feb.22.mp3
Category:general -- posted at: 8:01am EST

Summary:
For small business owners, it’s crucial to know what you need to do in order to max out your 401k plan and make the most of it. Here to talk about this is Matt Ruttenberg, and he discusses different 401k options based on how many employees you have, whether you own multiple businesses or not, and other factors that determine how to take advantage of this. Listen in for insightful advice on how to benefit the most from your 401k.

Highlights:
-How does a small business person max out their 401k and make the most of it?
-A big priority is fairness to employees, and there are many regulations that have to be followed
-A self-directed 401k is great for solo entrepreneurs without employees; you’re in full charge of your investment portfolio
-Employers and employees can contribute
-It’s important to go with the safe-harbor 401k
-If you don’t choose a safe-harbor 401k; it will be a traditional 401k, and you cannot max it out
-You can decipher where people cap out to take full advantage of profit
-If you have multiple companies, there are other options that allow you to maximize 401k

Useful Links:
Financial Survival Network
Life, Inc.

Direct download: Matt_Ruttenberg_24.Feb.22.mp3
Category:general -- posted at: 8:00am EST

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