57 days ago
Okay, I am biased. At 91p I am more than 100% ahead and Amaroq (AMRQ) is my biggest holding but I am not selling as a) I want to maintain exposure to gold and b) I think the shares are very low risk and offer massive upside. My own view is that the company will get taken out at 150p+ next year as gold majors engage in frantic M&A activity. But I am happy to hang on for several years for fundamentals to drive them even higher. If you doubt me, CEO Eldur Olaffson knocks it out of the park in this video out yesterday flagged up by reader K. The key takeaways are:
132 days ago
Amaroq (AMRQ) has announced the commencement of its 2025 exploration campaign, emphasising “active drilling at our flagship gold assets of Nalunaq and Nanoq, and regional work expanding our understanding of the copper, nickel, and rare earth elements opportunities”. That suggests various share price catalyst opportunities in the next few months.
148 days ago
I am not asked but told that something MUST be wrong at Amaroq Minerals (AMRQ) as the shares have fallen back from the recent placing price of 85p to just 74p. The share price does not lie, we have wholly efficient markets which is why Warren Buffett does not exist.
174 days ago
316 days ago
354 days ago
Amaroq Minerals (AMRQ) has announced that sampling at the Eagle’s Nest target 31 kilometres from its Nalunaq gold mine in Greenland has identified two distinct sub-parallel gold veins and gold grades up to 54.5g/t, with “initial geochemical results suggestive of a similar mineralisation style to Nalunaq”. This looks to further demonstrate the exploration, as well as production, potential we’ve been emphasising here. And this is critical for Nalunaq on its own justifies a premium to the current share price but it is the massive exploration potential that will attract potential corporate bidders within a couple of years. The faster Amaroq explores, getting results like these, the more a bidder will have to pay.
369 days ago
https://shareprophets.com/views/77787/amaroq-minerals-completes-its-first-gold-pour-at-nalunaq-developing-cash-flow-generation-buy-with-a-target-of-up-to-180p
542 days ago
Greenland minerals development and exploration company Amaroq Minerals (AMRQ) has announced further exploration results from its flagship Nalunaq project following its 2023 exploration programme, including identifying further resource and mining potential.
698 days ago
Writing on minerals development and exploration company in Greenland, Amaroq Minerals (AMRQ) last week with the shares at 57p we noted significant further gold exploration potential. We now note a “Nalunaq Drilling Results deliver record gold grade”-titled announcement from the company.
979 days ago
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.
1276 days ago
AEX Gold (AEXG) has announced first-quarter results, emphasising that its strategy remains to bring the Nalunaq gold project back into production, and use it as a platform for strategic mineral assets in Greenland.
1334 days ago
AEX Gold (AEXG) has announced exploration drilling results from its Nalunaq project in Greenland which it emphasises verify that the Valley Block, unrecognised by previous operators, is a new high-grade zone and supports its ‘Dolerite Dyke Model’ which has been used to predict the location and extents of five new high-grade zones.
1467 days ago
AEX Gold (AEXG) has announced third quarter results and an update including that a Nalunaq project engineering study is on track to be completed by the end of the year and that it is extremely excited by the wider exploration potential of its assets and looks forward to also being able to demonstrate the potential value of its non-gold, strategic mineral assets in due course.
1608 days ago
AEX Gold (AEXG) has announced an update on progress at its flagship Nalunaq project and that it has also applied for a new exploration licence in Greenland.
1716 days ago
Following recent Nalunaq project development delay disappointment, AEX Gold (AEXG) has noted progress in reviewing the development plan and of exploration work.
1754 days ago
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!
1764 days ago
A hat tip to reader TP who spotted the amazing photo below on Google earth. I am – as you know – a shareholder in AEX Gold (AEXG) which will be pouring the first gold from here before Christmas. In fact I added to my holding at 57p the other day and see the shares doubling or trebling within eighteen month. Anyhow, enjoy the impressive photo.
1866 days ago
AEX Gold (AEXG) has updated we loyal investors emphasising “early drilling results at Nalunaq confirm continuity of Main Vein structure at depth”…
1894 days ago
On 31st July this year it was “Admission And First Day Of Dealings On AIM” for AEX Gold Inc (AEXG , TSXV:AEX), with founder and CEO Eldur Ólafsson emphasising “a highly exciting moment for AEX Gold, with our successful fundraise allowing us to progress our corporate vision, whilst also providing UK and European investors with the opportunity to be a part of Greenland’s growing gold sector. We now have the financial capacity to push forward to production at our high-grade Nalunaq gold mine together with targeted exploration across our wider gold acreage in Southern Greenland. Our ambition is to become a full-cycle gold mining business of scale in Greenland, with Nalunaq the first project in what we believe could be many from our existing portfolio of gold assets”. But hang on, haven’t we heard of Nalunaq before?…
