Amarc Resources Ltd V.AHR

Do They Have a Plan?

[MisterMarket]

In the company's MD+A mgment discusses Ike.  They say they want to start expl soon.  I can't see how they can undertake an expl program in their present finiancial position and with their limited personel managing 2 large projects.

One problem is now closer to being solved with the appointment of Dr. James Lang as a tech advisor (NR Nov 16 /23).  They could not have found a better person.  Mr Lang studied Ike\Empress for UBC's mineral deposit research unit where he led applied research projects which developed widely utilized expl models for alkalic Cu-Au porph deposits in BC.  The NR goes on to say Amarc benefited from his expertise during his studies in the Ike District.

Expl on Ike may be ready to start sooner rather than later with Amarc evolving into a company with 3 major expl projects.

[Yifto1]

3 major projects but still under.10 Company has to do a better job promoting this stock.  long term holder, getting frustrated 

[Yifto1]

What do you think, funds raised for Ike/Empress?

[MisterMarket]

The flow through money must be spent on exploration by the end on next year.  I doubt they have a better prospect than Ike/Empress.  The $777K from the non-FT is for company overhead. Amarc will have to raise considerable money for its share of expenses if Freeport or Boliden (or both) decide to go for a 60/40 JV.  They must have some kind of a plan.  Some good drill results

[OasisMan]

The money is now there and they will drill Empress this year.