Eldur Olafsson

397 days ago

Amaroq Minerals – prospective debt financing and Iceland Nasdaq main market listing, upgrade to Strong Buy

Gold and strategic metals development and exploration company in Greenland, Amaroq Minerals (AMRQ) has announced that it has agreed heads of terms for $49.5 million of financing to enable trial mining, processing and production of gold doré at its flagship Nalunaq project and we’ve subsequently spoken to CEO Eldur Olafsson.

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470 days ago

Tom Winnifrith Photo Bearcast: Was this another Zak Mir brown envelope job & should I buy Yourgene?

Eldur Olafsson of Amaroq (AMRQ) thinks I am a member of the British establishment. I explain why I am not. No doubt Sir Arthur Cochrane would view me as he viewed his daughter, my grandmother, as a “traitor to our class” But I am. and explain why with reference to Eldur’s company. Then it is onto Zak Mir and the Okyo (OKYO) scandal. Your link to his video is HERE. And the photo below is of Zak himself relaxing today at the Carlton Club. That is the establishment today which makes me so hostile to it all and determined to be a simple goat farmer. Then I answer a, rather unfair, question on Yourgene (YGEN) before looking at Argo Blockchain (ARB) and Angle (AGL)

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470 days ago

BREAKING: Amaroq and Alleged executive greed: Q&A with CEO and why I still feel betrayed

The new executive “incentive scheme” at Amaroq (AMRQ) has come in for some stick so, below, are some questions from reader T and some answers from CEO Eldur Olafsson. But before then here is why I, as a supportive long term shareholder, feel betrayed.

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1086 days ago

AEX Gold – strategic update and long company chat

I wrote as a slightly miffed shareholder: AEX Gold (AEXG) has announced its full year 2020 results and a further strategic update and I have had a good long chat with CEO Eldur Olafsson. Previously-announced project development delay disappointment looks to be in the price and the potential of the project to still commence initial production by the end of next year does not. Then there is the possibility of equity dilution.

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1172 days ago

Tom Winnifrith Video Shareshow No 19: Three hours of 2 CEO's in the doghouse and Gary Newman on AIM shares that are flying

And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with 2 CEOs of companies where I own shares and bought more after these interviews: Eldur Olafsson of AEG Gold (AEXG) and Andrew Bell of Red Rock Resources (RRR). In both cases I explain why I bought more. Then it is Gary Newman on small caps, oil stocks and mining stocks, where there is value and what he is buying. You can access the show HERE 

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1172 days ago

AEX Gold – sincere apologies for Nalunaq development disappointment, but average down

There is an “Update on Nalunaq Development” announcement from AEX Gold (AEXG) which we apologise for and about which CEO Eldur Olafsson was also very apologetic in a chat we’ve had. He damn well should be!

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1196 days ago

AEX Gold – positive procurement update, remains a strong buy - stock to more than double by Christmas!

AEX Gold (AEXG) has provided an update on procurement activity for its Nalunaq gold project, emphasising that it continues to de-risk the project’s schedule. That is very encouraging and confirms our belief that these shares should, at least, double within a year. If you doubt us, watch boss Eldur Olafsson on the latest video show HERE.

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1196 days ago

Tom Winnifrith Video Shareshow No 16: Well over 2 hours of gold with Nigel Somerville and Eldur Olafsson who will double or treble your money

And now from Wales, by just 30 yards, it is my new weekly video show. This costs 99p per episode, and you can either listen to, or watch, some sparky interviews with Eldur Olafsson of AEX Gold (AEXG) who will, I am convinced, double or treble your money. I am a shareholder and this is, increasingly, becoming my favourite gold play.  I also chat to in house gold guru Nigel Somerville on whether gold is off the boil and on the stocks he owns. You can access the show HERE

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