Geomega Resources Inc V.GMA

Alternate Symbol(s): GOMRF

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.

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Geomega Resources Inc

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Comment by JackieTreehornon Feb 04, 2015 5:11pm

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Post# 23396724

RE:HOW MUCH MONEY IS LEFT?

ProOrbite wrote:
Does anyone know how much money GMA has left?

thanks

Not exact amount, but I believe it was stated in their corporate presentation that they did not expect cash on hand to last through the Fall. So either they'll raise money by diluting the stock, or burn through the rest of their cash on some more awesome Anik-type projects.

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