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Geomega Resources Inc V.GMA

Alternate Symbol(s):  GOMRF

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

Bullboard Posts
Comment by HeyIrishon Jan 23, 2014 4:09pm
103 Views
Post# 22127069

RE:RE:RE:RE:This isn't helping Venture.....

RE:RE:RE:RE:This isn't helping Venture.....Lower Canadian dollar should be good for the Venture. The companies we invest in are most likely going to export their products outside of Canada. Our lower dollar will make these companies more profit through increased sales. More profit better looking company that draws in new investors. It's always been that way in Canada.  The companies get bussier hire more people so they can export more product, people have more money because they are working and supply gets tighter as demand for our cheaper product increases , prices rise because the supply chain is slowed and inflation kicks in.
It seems to me we are heading right back to where we start before the crash. 
Bullboard Posts