20 days ago
Amaroq (AMRQ) states it “is pleased to announce the completion of its 2026 resource drilling programme at the Nanoq Gold Project in South Greenland, alongside successful metallurgical test work results of Nanoq mineralisation”. The details show why it is pleased.
50 days ago
The former ramped up hostilities in Iran over the weekend so spiking crude creating a fear that base rates would have to be hiked to combat oil price driven inflation. The latter suggested rates might go up to combat inflation so from Friday to Tuesday night gold tanked and Amaroq (AMRQ) shares fell back.
54 days ago
My old pal Ms. Hart has a special feature in today’s Mail on Sunday.on six stocks to “turbocharge your portfolio”. I will not deprive the wretched Mail by revealing the other 5 but one is Amaroq(AMRQ). Natch any endorsement is welcome but I am not sure about Ms. Hart’s maths.
67 days ago
Nomad and broker Cavendish takes an unusual approach to valuing Amaroq (AMRQ) looking at what a predator would pay. Since I regard a bid as almost inevitable if the gold price behaves itself that is not too daft. On that basis it says that its target for the shares, at 105.5p, is 205p. But critically, as you can see below, that is on Nalunaq alone! As a clear pathway to other mines going onstream, which can be developed using internally generated cashflows, becomes apparent that valuation will only head one way… and fast.
79 days ago
The note is below and as ever I regard most broker notes as not worth a lot. But have a read. I think the target is unambitious and here’s why.
85 days ago
I deal with D&D's latest outburst of Amaroq (AMRQ) Derangement Syndrome, discuss the MRE at Nalunaq, Nanoq, Black Angel, the joint venture and explain how cashflows will ramp up massively over the next 30 months. I discuss the FTSE 250. And explain why I see the shares at least doubling before I turn 61 but how they could actually treble. And thus I am considering top slicing Legal & General (LGEN) to buy more Amaroq
95 days ago
Between now and 28th July you can win a week at the Greek Hovel paying just a cleaning and pool fee – by explaining in 300-1000 words why if you had to bet everything on one share on a three year view what that share would be. To see how to enter go HERE and PLEASE KEEP SENDING IN ENTRIES. Nineteenth up is Tom, currently residing in a Greek Hovel
162 days ago
For me there is just one negative but you may view it as a positive. There are many positives. The Capital Markets Day presentation is below. I offer a few thoughts.
316 days ago
Should I have sought written approval from the puritan lynching mob lead by Ed from Islington or the pesky rodent before buying these shares? As it happens I flagged up how cheap they were in light of its latest news BEFORE buying this morning so I disadvantaged myself.
379 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:
943 days ago
Amaroq Minerals (AMRQ) has announced “significantly expanded prospectivity of its 100% owned Nanoq gold project” and “successful completion of ~10,000 line kilometres of geophysics, with all results now received for detailed interpretation”, and the shares have ticked higher to 63p.
