Member Info for Culpepper

To put it to bed, for me, here is the criteria, again from AI.

I have some reservation around the requirement on average volume.

Based on the eligibility criteria for the VanEck Junior Gold Miners ETF (GDXJ), Amaroq Minerals (AMRQ) generally fits the profile of a junior producer, but inclusion depends on meeting specific liquidity and market capitalization thresholds during the index's quarterly reviews.

As of early 2026, here is the breakdown of why Amaroq qualifies or is a candidate for inclusion:

* Business Focus: GDXJ seeks to invest in companies that generate at least 50% of their revenues from gold/silver mining, or are early-stage explorers with a high probability of doing so. Amaroq is actively developing the Nalunaq gold project, produced first gold in late 2024, and is ramping up production to over 6,000 koz by YE 2025.

* Market Capitalization: GDXJ requires a full market capitalization of at least $150 million USD. Amaroq has seen significant growth in its market cap, recently reported around C$996.8M (approx. US$700M+).

* Liquidity Requirements: The ETF requires a three-month average daily trading volume of at least $1 million USD and a minimum trading volume of 250,000 shares per month. While Amaroq trades on the AIM, TSX-V, and NASDAQ Iceland, its daily trading liquidity varies, which is often the key limiting factor for inclusion in major ETFs.

* Regional Factors: GDXJ has previously applied adjustments for AIM-listed stocks, and Amaroq has strong institutional backing and a massive land package in Greenland. 

Conclusion: Amaroq meets the thematic, market cap, and development-stage criteria for GDXJ as a "Junior" (small/mid-cap) miner. However, its inclusion depends on it meeting the specific liquidity (trading volume) tests required by the VanEck index provider at the time of rebalancing. As of the latest available information (early 2026), it is considered a strong candidate due to its production status and market cap, often cited in discussions of junior miner portfolios. 

Should have added - not yet a done deal - a forecast as per link.

From AI, as good as anything for this purpose.

Amaroq Minerals (AMRQ) entering the VanEck Junior Gold Miners ETF (GDXJ) will make a significant difference, acting as a catalyst for increased trading volume, enhanced liquidity, and a potential "re-rating" of the company's valuation. As Amaroq transitions from a junior explorer to a producer, inclusion in major ETFs like GDXJ subjects the stock to mandatory buying by passive funds, increasing demand.

Here is the breakdown of why this matters:

Increased Liquidity and Visibility: Inclusion in GDXJ brings forced buying from institutional passive funds, which generally reduces volatility and increases the stock's liquidity.

Validation of Business Model: As of early 2026, Amaroq is transitioning from the high-risk exploration phase to a producer with its Nalunaq mine in Greenland, which exceeded gold production guidance. Entering GDXJ validates this "re-rating" from a junior developer to a legitimate, producing mid-tier miner.

Enhanced Investor Base: The move strengthens the company's investor base, already supported by strategic stakeholders in the UK, Iceland, and the US.

Strategic Value (Critical Minerals): Beyond gold, Amaroq is being viewed as a strategic play for Greenland-based critical minerals, which, coupled with GDXJ inclusion, could attract increased attention from Western investors looking for alternatives to Chinese supply chains.

Potential Risks to Consider:

Operational Risk: As a junior miner operating in the Arctic, Amaroq faces challenges with weather-dependent logistics, and the company is still in the process of finalizing its Phase 2 expansion to increase recovery rates.

Sector Volatility: GDXJ is highly sensitive to broader equity market sentiment, meaning that even with positive company news, the stock could suffer during "risk-off" periods.

With 2025 production results exceeding guidance and a strong cash position following recent fundraises, inclusion in GDXJ is likely to be viewed as a positive turning point, cementing its status as a "new Greenland gold rush standard".

Https://pbs.twimg.com/media/HA42WSKXAAAFT2X?format=jpg&name=medium

Https://www.reuters.com/business/finance/eu-parliament-backs-digital-euro-aligns-with-council-online-offlineready-2026-02-10/

That’s one view, isn’t it?

Another is that Ggp would welcome viability of anything found, with potential for tolling through Telfer, adding value to the mill, and not knock others’ efforts.

That MRE 5 will include 2025 drilling, last updated here.

https://www.lse.co.uk/rns/AMRQ/successful-2025-nalunaq-gold-mine-drilling-programme-1840-gt-of-gold-over-05m-in-mountain-block-derisks-near-term-production-and-expansion-of-the-main-vein-at-depth-ua6qjxag4w65loj.html

As we approach guidance, in February, and MRE 5 this quarter, just a reminder from Nalunaq MRE 4, March 2025.

Mineral Resources are reported above a cut-off grade of 5.9 g/t, generated using a gold price of 2,100 USD/oz Au.

I don’t think they do, on balance.Its very repetitive.Gold price will go where it goes, against Telfer upgrades. Bamps is interesting though, for something well-nigh fact.

Just the way I see it, whatever’s posted.

It’s not verified to the market unless RNS’d.

I accept I’m disliked. Don’t care.

Well, I suppose your questions envisage you have the answers.

Good for you, and the rest of us know nothings.

No harm in you expressing your views.

Us uneducated in these things wouldn’t be risking our cash here, unless we thought there was something to the future, would we?

If you’re talking to me - I can’t. Nor can you.

As I said, the market is waiting on Telfer news.

You can be a prick, sometimes.

I don’t. I take a broad brush. I know nobody here knows more than me. Though I find some essays interesting. Some I can pick apart, line by line. Or agree parts.

Ggp punters are waiting on TELFER UPDATES.

And hoping GDX inclusion will drive price, and hold.

That’s it.

I don’t need to come on. One expects Greatland to keep up.

Nor do I need to admit anything.

Nothing new, speculators speculate..

I know what I own.

Don’t need anyone to tell me.

And if you want to sell, up to you.

I mean, your repeated stupidity is absurd, there being any number of places any one of us could go to.

You, and ilk, are malignant. Along with those with considerably more sense, who profess to know all.

There you go.

No.

I won’t.

Some like Wetherspoons, some don’t.

Nothing to do with Ggp.

McDonald’s isn’t either.

Don’t matter, does it?

I choose to not pay for that anyway.

You see, Cheeky, and you Nosjob, it is my view that punters are conflicted between the price of gold, and what Telfer might show up in terms of grade, when that is reported.

What do either of you think?

Well, Cheeky, I’m trying to get away from the plain dafty like you, your historic posting, and that Nosjob fella.

There you go.

Perhaps Jiffy, instead of burbling on about your amateur assessment of United States ability to proceed as the world leader, dollar strength, you might give a lead to world economists on the effect on mining, and in particular Ggp.

That’s just on this posting stuff, you understand.

They’ll use their new shovel. Course they will.