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Geomega Resources Inc GOMRF


Primary Symbol: V.GMA

Geomega Resources Inc. is a Canada-based company. The Company is engaged in the acquisition, exploration and evaluation of mining properties in Canada. The Company's wholly owned subsidiary Innord Inc, which is engaged in developing technologies for extraction and separation of rare earth elements and other critical and strategic metals from its mining properties and other mining and industrial waste. The Company owns Montviel property, which is located approximately 100 km north of Lebel-sur-Quevillon and 45 km west of the Cree First Nation of Waswanipi. The Montviel property comprises 96 mining claims totaling 5,333 hectares. The project is comprised of 178 cells, for a total of approximately 9,910 hectares.


TSXV:GMA - Post by User

Comment by outonthetileson Feb 12, 2021 9:28am
173 Views
Post# 32550746

RE:RE:RE:RE:The EV tide rises all stocks

RE:RE:RE:RE:The EV tide rises all stocks
Cross19 wrote:
Actually, realistically, I'm not expecting production to start before mid-second half of 2021 as the construction of plant has not started yet (which is fine...as long it's in 2021). And to complete my previous answer, It will be a 20% margin from the revenues (which could be higher I guess with the higher HREE prices.
I concur. I say Sept/Oct before they are ready to roll out the magic machine. With a new tech there are bound to be delays.....esp with Covid still hoovering around. No big deal....I've waited 7 years.....what's another 7 months.

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