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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 JackieTreehornon May 27, 2014 10:54am
280 Views
Post# 22601188

RE:RE:Best value

RE:RE:Best value
outonthetiles wrote: If Simon had only worded the separation release clearer and with more enthusiasm then we'd never be trading at these levels......plain and simple!!! He better sharpen up on his communication skills and learn how to sell a press release ...... esp one where "results turned out better then expected"

They need to announce a new experienced CFO and get a PR team together before the life gets sucked out of this thing. Trading at .37cents....... like WTF ?????

He's heading to Europe in a few weeks .... I wonder if he's flying or taking a boat to get there?

T


I think people are way too critical of the wording of the NR.  I don't think it mattered what the NR said, it was simply a matter of large blocks of shares becoming free trading and profit taking.  This stock (like any other small cap) is prone to price manipulation that is well outside the control of small investors or the company themselves.   Over time, assuming GMA's process works, shareholders will be rewarded, but in the meantime, while in development and R&D stages, we will have to contend with this kind of volatility.
Bullboard Posts