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SLAM DRILLS MORE COPPER MINERALIZATION AT GOODWIN (click to learn more)
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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.


TSXV:GMA - Post by User

Geomega Resources Inc > Not Enough News to Sustain the Rise of GMA
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Comment by goldman888on May 27, 2021 3:33pm
131 Views
Post# 33279810

RE:RE:Not Enough News to Sustain the Rise of GMA

RE:RE:Not Enough News to Sustain the Rise of GMANot questioning the long term value, but the short term stock price. Most penny stock investors dont have more than a few month horizon.

I am also looking at the momemntum. Next support is around $0.35...but at this rate it will touch $0.30 and I hope it holds. If investors dont have a reason to hold this stock is going back to $0.20.

Long term investor is someone who bought GMA at $0.60 and now its trading at $0.38 or lower.

Great company as far as i am concerned, but a lousy stock right now. How much dead money do I want to invest in it. Can't afford to lose 50% of my equity while I wait for the company to take off, or worse, dilute itself.


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