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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
Post by ProOrbiteon Feb 18, 2016 11:53pm
140 Views
Post# 24573677

Prototype? Separation news? INORD? PP?

Prototype? Separation news? INORD? PP?Would it be reasonable to Assume?

Geomega  needs an operating prototype in order to generate revenues, Right?
Using the prototype Geomega would want to process industrial residues to produce
enough material to demonstrate that the technology (separation) works and that the
purities are good enough for the end users.
 
Probably Geomega’s Team has already identified different sources of industrial residues,
which will be processed using a prototype. At that point Geomega can look at generating
revenues but the main goal I believe would be to sign up end users to agreements.
 
Could it be that Geomega is demonstrating this prototype to end users?
 
If they are then most likely that’s why they are so busy and if end users
See that this prototype works and purities are what they require then
we can see agreements signed for the end product. Yahooo
 
All this takes time. I believe that Kiril (Geomega) can do this and are doing this as well.
 
Remember that this is outlined in their Corporate presentation. Page 16.
If they are successful at this then they will get phenomenal attention brought
To this company.
 
Please note that in the corporate presentation page 16  it says that they “can
Start production even at a small scale and gradually increase it
”.
 
So does this mean they have a prototype? You decide and time will tell.
But whatever you do. Do your own Due Diligence.

Remember the appearance of the Reactor a while back?
Why would they not have a prototype?

Bullboard Posts