Member Info for Culpepper

So what for Ggp, as it stands. Ain’t it run its distance.

See what Telfer can push out, I suppose.

What others are mithering over, as against Hav, pushed out, potential.

Old Day said to be surprised ( by that roast lot ) on sp.

Cornfield ( the demon ) not.

Just for now, you understand.

Don’t often agree with you Trippy, but those bigger ‘uns, Wyloo and the like, averaging down/coming in at 4.8p will stand a better chance, than the rest of us, whatever we’re in.

They’re patient money. Can afford to be.

Not like me. My specs just broke. £600 they want.

No conspiracy though.

If the deal don’t go through, be a shock to the system, won’t it? Can you imagine it?

It’s factored in. Maybe bit spike up.

Wonder away. When it’s good, the price goes up. It has to.

Nothing manipulated. Just those who see it one way or another.

A year or so will tell whether it’s time to buy or sell.

Sensible heads might prevail. Or the gamblers win.

‘‘Twas always thus on these ones.

Go on about gold price, as much as you like. Speedie, etc.

Market pretty obviously has its own, different view, on Ggp. They’re not all daft.

At least for the foreseeable.

And completion of ‘the deal’, I’m thinking is priced in, though a spike may occur.

I mean, looks to me they’ll either be getting gold out the ground very soon and making a profit to support the greater goal, being increase in substantial insider investors cash, with others, pension funds and the like, independents like that JLE, who are ‘chancing their arm’, or know more’n I do, or they won’t.

I think odds are with their buys it’ll come good, one way or another, sometime.

RNSs plus guessology.

Whoeve they are, say

‘ Minerals Ltd. has appointed Panmure Liberum Limited as its Nominated Adviser and Joint Broker, along with Canaccord Genuity Limited as Joint Broker, to boost its strategic development in Southern Greenland’s promising gold and mineral sector. The company is gearing up for production at its Nalunaq Gold Mine by the end of 2024, aiming to capitalize on the rich gold belts and strategic metal assets in the region. This move is expected to strengthen Amaroq’s position in the mining industry while enhancing investor confidence.’

Sounds like bs to me, and I didn’t realise they were short a nomad.

But there you go. FWIW.

Suppose there’s something in it, from a corporate perspective.

Be a bit like lots of them others. Long as it makes money, nobody much cares where it’s listed.

The deal is what everyone on here wanted. Drooled over the prospects.

Put things back whilst derisking.

Down to Telfer, as against overall capex for some considerable time.. A consequence of the transactions.

There’s room for some sort of debate, isn’t there? But I’d take only passing interest in MHO1 stuff.

Know it all, comes across rather desperate on Ggp. No wonder, I suspect.

As far as Mr. Callum is concerned, very clever chap I’m sure. But let his Ggp interest go from the 30’s to the 6’s. Make what you will of that. Maybe don’t follow him as a pi investment guru.

Laugh it off, take your speculative chance.

That says it, really.

Nalunaq

At Nalunaq, Amaroq completed a robust 2,895-meter resource drilling programme targeting the extension of both the Main Vein and the newly discovered 75 Vein, west of the last mined stopes within the Target Block. This 11-hole programme was supported by surface chip and channel sampling from the outcrops of the Main and 75 Veins, using the same expert mountaineering team deployed in previous explorations across the Mountain Block.

The results from this work will provide essential data for Amaroq’s upcoming underground definition drilling, scheduled for Q4 2024, positioning the Company for further resource development at Nalunaq as the Company prepares for a Mineral Resource estimate update.

Gold Exploration

In addition to the successful work at Nalunaq, Amaroq expanded its exploration efforts to the satellite Eagle’s Nest target, located 30km north within the Nanortalik Gold Belt. Previous sampling at Eagle’s Nest returned grades as high as 34g/t Au. The team is excited about the potential for Eagle’s Nest to evolve into a high-grade orebody, which, given its proximity to the Nalunaq processing plant currently under construction, could represent a significant logistical advantage.

Amaroq also made significant progress at the Nanoq gold project on the eastern side of the Nanortalik Gold Belt, where the Company completed its first drilling programme. These results will be invaluable in assessing the potential of this high-grade orogenic gold system, which has previously shown grades up to 175g/t Au over 0.8m in channel samples and significant copper mineralization. This marks an exciting step towards defining Nanoq as a major high-grade gold project with considerable resource potential.

Incidentally, with gold mining and sale next up for commercial purposes, I think I’m right in being encouraged and saying the grades so far seem exceptionally high, with hopes that will continue as results flow.

Thanks for that, HZ, which of course I accept when pointed out in the way you have.

I believe I was thinking in a generalised way along JV lines, with Amaroq’s apparent govt support and so far ‘local’ acceptance, paving the way.

But it does seem, on what has been said, that Amaroq’s exit and payday, down the line, and if things go well, stands a high chance of being through being acquired.

An ideal situation for me, with perhaps a rising sp on that speculation as the ‘value chain’ becomes confirmed over time.

Said with a degree of hope. Value in the ground seems somewhat debatable, for pi price advantage, on my reading.

A lot of work and time to go far beyond gold at the moment. Counting chickens.

Assay results and events over 6 months going to be interesting. Then getting gold to market.

Well, I don’t know that Amaroq can’t. But it’s at least suggested that they will be looking at a payday, sometime, somehow, perhaps by Vale.

To finish, in who’s supporting the company terms.

https://www.amaroqminerals.com/investors/shareholders/

That, not explained non English one, I understand to be the oldest and largest Icelandic pension fund.

And bringing the company to date, their last RNS.

https://www.lse.co.uk/rns/AMRQ/successful-completion-of-2024-exploration-field-season-47ad4911dzzbswd.html

Thanks.

All the best.

Https://thatstocksguy.substack.com/p/amaroq-minerals-the-investment-case?utm_campaign=post&utm_medium=web&triedRedirect=true

In that context, I bump up once again Mr. Archer’s ten point investment case. Not on the basis that I am qualified to recommend it (though it seems persuasive )

But on the basis he sure as hell knows more than I do.

Amaroq Minerals: the investment case in 10 points

It can’t be a better time, with gold at record prices, for Amaroq to bring that product to market during the forthcoming year.

All very well whilst gold prices are elevated, and widely expected to remain so. Yet one doesn’t know for sure where it will go. I don’t anyway.

Thus, though one doesn’t know what else other than gold might be proved up eventually as commercially viable, Amaroq sees itself as a jurisdictional explorer, with ‘local’ investment, and prospective miner across the ores, (perhaps taking advantage of opportunities for partnership and M and A should such present)

Very basic thoughts I know, but with little control over commodity prices, a diversified model with which I am increasingly comfortable.