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Geomega Resources Inc V.GMA

Alternate Symbol(s):  GOMRF

Geomega Resources Inc. is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Quebec. The Company is a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials. Through its wholly owned subsidiary Innord Inc. (Innord), the Company is developing innovative 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 in an environmentally sustainable way. With a focus on renewable energies, vehicle electrification, automation and reduction in energy usage, rare earth magnets or neo-magnets (NdFeB) are at the center of all these technologies. The two most advanced projects for the Company are the rare earth magnet recycling and bauxite residue processing and vaporization. It also owns the Montviel rare earth carbonatite deposit.


TSXV:GMA - Post by User

Bullboard Posts
Post by docmzon Apr 28, 2011 9:45pm
369 Views
Post# 18504231

MCP is only 1% HEAVY REE...

MCP is only 1% HEAVY REE...and MCP's priority is building NEODYMIUM MAGNETS for GREEN TECHNOLOGIES. Look, it's obvious that there are very different characteristics in each of  these orebodies for diff cos in their REE contents. Heavy REEs may be valuable BUT when you have THIS MUCH Neodymium which is VERY precious, THAT'S ALSO valuable too. Needless to say that there's also Phosphates and Niobium in significant quantities AND THIS is what will play out in the end as GMA's signature. I mean, we've only tapped a corner of this orebody and we are headed to the sweet spots, and most can agree that this is a  MAMMOTH sized deposit HAVING MANY DIFF TYPES of REEs and it's worth a hell of a lot of money...It's also a very simple open pit. And it's not in the middle of nowhere but in prime mining land with all available infrastructures readily available...what more can you ask ? ...you just have to let it play out...
Bullboard Posts

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