Jul. 21 at 11:12 AM
$AMRQF If there is anyone who still does math, a 2Moz gold asset, which AMRQF holds and is now significantly derisked, is worth about
$17.50/share at current spot price of gold.
Straight from the press release . . . "Underground drilling results continue to confirm the exceptional high-grade nature and continuity of the Main Vein, within the Mountain Block at Nalunaq at an average of 42.8 g/t of Au."
"The results continue to confirm the high-grade nature of the Nalunaq Main Vein, within the Mountain Block and further reinforces Amaroq's confidence in the near- and medium-term production profile at Nalunaq, as well as de-risking the ~2Moz Au exploration target."