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Amaroq Minerals Ltd V.AMRQ

Alternate Symbol(s):  AMRQF

Amaroq Minerals Ltd. is a Canada-based independent mine development company. The Company is engaged in the identification, acquisition, exploration, and development of gold and strategic metal properties in South Greenland. It has a 100% interest in the past producing Nalunaq Gold mine. It has a portfolio of gold and strategic metal assets in Southern Greenland covering the two known gold belts in the region as well as advanced exploration projects at Stendalen and the Sava Copper Belt exploring for Strategic metals such as Copper, Nickel, Rare Earths and other minerals. The Nalunaq gold mine is located 30 km northeast of Nanortalik. Its 100% owned Vagar Ridge gold project is located within the highly prospective Nanortalik Gold Belt and covers the majority of the Niaqornaarsuk Peninsula as well as the immediate surroundings of Nalunaq Gold Mine. The Nanoq gold prospect lies over 120 km northeast of its Nalunaq gold mine and within the Eastern half of the Nanortalik Gold Belt.


TSXV:AMRQ - Post by User

Post by Castling1on Feb 10, 2021 8:49am
324 Views
Post# 32522921

Press Release 10.02.21

Press Release 10.02.21No matter which way one parses this NR, the decision to delay project advancement is a betrayal of shareholders.
Being a knowledgeable mining investor and processing specialist  I've had my doubts regarding the company's technical pedigree especially that of the COO.
In reading the COO's bio one can't help but come to the conclusion that the COO lacks project execution lead experience beyond simply being a project team member. 
A bit more digging suggests that Robert Menard (Director) is related to Martin Menard (COO), if so is there due diligence / conflict of interest impropriety issues at play within the company?










 
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