RE:Problems with the technology?linus4 wrote: Although the Co. hasn't told the shareholders yet, it appears the market has caught wind of some problems with bringing a successful separation process to the next level...At this point in time , the market is saying there is less than 10% chance of them ever being successful at separating REEs in an economic manner.Insiders aren't jumping in with their own money even with what seems to be bargain prices & they may be correct..without an economically successful working prototype ,the REE's become virtually worthless & the shares revert back to pennies...I am long & therefore hoping I am wrong !
This is my concern as well. There has been nothing released regarding progress on the separation process. It's all been about this gold find. It's almost as though they are trying to promote this as a potentially profitable gold discovery as a smoke screen, or an attempt to add some artificial value, before announcing that the separation process doesn't work. Hope I'm wrong as well, but it's starting to appear more and more likely that GMA is just another junk TSX-V stock promoting a far fetched and unattainable story.