Geomega Resources Inc GOMRF

Primary Symbol: V.GMA

Metals & Mining Industrial Metals & Minerals

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.

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Geomega Resources Inc > Bad news for GMA?

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Comment by Cross19on Feb 20, 2021 4:43pm

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Post# 32619648

RE:Bad news for GMA?

Hard to know really. We don't know at what scale they are at and how close they are to build a commercial plant. A lot of competitors in this field at the moment, but most of them are still at an early stage and have not proven that their process is economically viable like GMA who published numbers. We shall see.

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