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Bloomberg article.

https://www.bloomberg.com/news/articles/2026-01-22/trump-s-nato-deal-would-mean-us-mines-and-missiles-in-greenland?srnd=homepage-uk&embedded-checkout=true

Culpepper - it is good for the soul; it is reassuring that there is at least one grown up out there.

I have just listened to the following:

https://www.youtube.com/watch?v=gpzWRlCkP4c

For me, it provided a balanced view comparing Mark Carney's and Donald Trump's positions. After reflecting on the content, I am not concerned about my investment in Amaroq.

The best way to assure Greenland's independence is to enable it to develop its economy which will require investment. I believe the US will see investment as a way to secure access to what it wants in terms of resources, and possibly wider influence. As far as Europe is concerned, tangible support should include investment; Denmark can clearly provide financial support, but wider EU support would be helpful. I hope that the bureaucratic nature of the EU does not hinder the rate at which support is provided.

Here is a podcast (thanks to Manlord on the EEE BB) discussing heavy REE's.

https://www.youtube.com/watch?v=Yz5B0pMQzSk

Two quotes from the podcast that interested me were:

- "there are other minerals that are high in heavies (REE), like monazite"

- "Ideally, one would like to be able to find an ore body that is enriched in heavies. The problem is those kinds of deposits don't occur in highly concentrated bodies like Bayan Obo (China) or Mountain Pass (USA)"

Manlord - thanks for posting the podcast. It makes it clear to me the resources that can be applied to address processing issues and deliver solutions. One point that was particularly relevant to me was the reference / need for a testing and piloting facility to process 1 - 5 tonnes per day for several months, something that SB has referred to in numerous interviews. Academic capability, research facilities and funding are essential elements and from what I have picked up, mainly through your excellent posts, I believe Empire are operating in a jurisdiction which can provide the elements to deliver a successful business operation.

"Basic monazite concentrate currently sells for over US$8,500/t delivered to China"

It's very quiet out there: 8:15 and no trades so far.

The interview confirmed the activities for the next 6 months. After TAJ advised that they will continue looking for new land acquisitions, he said they would also be doing "a bunch of other things": I have no idea what he could be referring to; it will be interesting to see what this might mean.

"Australia’s Syrah Resources said on Monday it agreed with Tesla to extend for the third time a deadline to resolve an alleged breach of their graphite supply agreement."

The timing may be too early and dealing with Musk could be a challenge, but the quality of the Orom Cross graphite, if it can be reflected in the downstream processing, hopefully makes Blencowe a go to supplier.

Link to full article about Syrah Resources current difficulties with Tesla:

https://www.mining.com/web/syrah-resources-buys-more-time-for-tesla-graphite-supply-deal/

Positive news:

"Management will be reaching out to relevant U.S. Government agencies and departments to explore partnerships, funding, or other forms of participation to advance the Topaz project. Such involvement could range from research collaboration and technology development (for ³He extraction and separation) to offtake agreements or strategic investment. Now backed by independent verification, Pulsar is uniquely positioned to present Topaz as a strategic domestic ³He asset."

A short extract from the BBC report "He (Museveni) pledged to steer Uganda towards achieving the status of a middle-income country by 2030, .."

Blencowe can clearly make a significant contribution towards this goal. Let's hope we see a positive reaction this week.

TBW - ChatGPT, or similar, may be able to help. At this stage, He3 is a "nice to have", but for me it is not the main course.

My calculation of the value of the warrants since 17/09/25 is USD$4.349m; the big number being 15.5m warrants on 06/11/25

The admission document, October 2024, included 18.5m warrants at CAD$0.36, I believe there are c1.5m outstanding and the expiry date is 17/01/26. If my figures are correct, there are likely to be further redemptions this week; perhaps this is part of the reason for todays drop, as well as some profit taking.

The following quote from a Sugfeed piece points to the US supporting accelerated development of critical minerals.

"The U.S. government is moving from passive observation to active intervention in the Arctic, with the Export-Import Bank signaling intent to finance Amaroq Minerals' operations in South Greenland."

It will be interesting to hear from Stefan this week re the current situation from GROC's perspective.

Will there be any response from the EU / Denmark to US actions / rhetoric?

Given the fact that GROC appear focussed on Europe re production, does this create potential problems?

All of this may serve to accelerate progress for GROC, if that is possible.

https://www.sugfeed.com/post/us-investment-greenland-mining-amaroq-minerals

BB3 - I agree the focus must be on Topaz and securing production. My last paragraph was simply musing about the massive potential in the future.

Cashflow is sanity, turnover is vanity.

The testing regime and duration points towards a focus on establishing the reservoir characteristics rather than seeking early production. The gas composition, concentrations, and indicated flow rates have all been positive. Based on the testing regime, I am looking for a preliminary reserve figure by the end of August 2026.

I am sure the SP will spike on certain (positive) news, but if there is a constant flow of "good" news, I expect to see a steady, but not smooth, increase in the SP.

Looking to the relatively distant future, the dream outcome for PLSR will be confirming significant helium discoveries at the Quantum Hydrogen Inc. and Hybrid Hydrogen Inc. leases; let us not forget about Tunu, with the increased interest in Greenland, this potential project could receive more attention.

LS - I don't agree with your characterisation of the HZM situation. Construction of the mine was substantially complete, but poor cost management meant that the funds were inadequate to complete the work; I don't recall the exact number, but it was a shortfall of hundreds of millions of dollars. The capital requirements for Orm Cross are significantly lower and the development is relatively simple compared to the development of a nickel mine.

A short article covering growing interest in White Hydrogen (thanks to RachT2)

https://oilprice.com/Energy/Energy-General/White-Hydrogen-Emerges-as-a-Wild-Card-in-the-Global-Clean-Energy-Race.html

For the optimists, here is a quote from the article:

"In May 2023, in France, a team of scientists discovered white hydrogen deposits when exploring abandoned mines in the Lorraine region. Further exploration in the nearby Moselle this year has resulted in the discovery of additional reserves, with a combined value of approximately 92 million tonnes and a value of roughly $92 billion."

Fingers crossed for Rudyard and Ingomar.

An article re US titanium sponge requirements and current sources.

https://www.mining.com/us-must-ramp-up-titanium-capacity-to-avoid-squeeze-project-blue-founder-says/

BB - link to CA picks.

https://thatstocksguy.substack.com/p/picks-of-2026