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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 Sep 11, 2018 7:10pm
118 Views
Post# 28601011

European Commission & Critical REE

European Commission & Critical REE
This is a possibility maybe Vacuumschmelze will employ or capitalize on.
 
Everybody wants REE. Critical REE minerals is not only identified by USA
it is also identified as such by the European Commission.
 
The report is titled "STRENGTHENING THE EUROPEAN RARE
EARTHS SUPPLY-CHAIN  Challenges and policy options”
 
The report is rich in information on how they think and identify sources!
It discusses the rich content off REE contained in Permanent magnets  (Nd, Pr, Dy, Tb, Sm)
As number #1 source of high amounts of REE.
 
On page 8 of the report item 3 it discusses a suggestion to support
Promising technologies that have innovative HREE processing by funding
Industry led pilot plants. It wants to accelerate the commercialization and
scaling up even for REE recovery from industrial residue!
 
One chapter mentions CLOSING THE LOOP:  and the Re-use and recycling rare earths in Europe. It also discusses REE friendly waste management user friendly, streamlining and recycling policy. Another point enhancing cooperation among end users and stake holders.

If Vacuumschmelze has any access to connections of funding, incentives,
tax breaks, ETC. by the European Commission/Union they may use it
to partner with someone to build a pilot plant! Did Vacuumschmelze
verify our product?
 
But this is hypothetical if Vacuumschmelze is actually the one who provided end user validation
they just maybe are waiting for that Geomega/Innord to be de risked just a bit more
Before announcing anything of a partnership. They have a world recognized name!
If not Vacuumschmelze maybe someone else that is NOT FROM CHINA!
 
It is quite evident that the European Commission needs  to  Secure alternate supply lines for REE
is extremely important to them and to their economy. Let alone their companies. Their
two most critical identified  REES are Neodymium and Dysprosium which are needed
for rare earth magnets and other green energy..
 
So if Geomega/Innord can scale up and most importantly SEPARATE DYSPROSIUM
TO 99.95%+ WE WILL HAVE A WINNER SEPARATION PROCESS!
 
I believe that Dysprosium well definitely be the critical key in getting Geomega/Innord
Noticed on a world stage and well as attract partner ships to secure supply lines of REE.
 
Why do I say that? Well  once again I will post the stuff from Adams intelligence regarding
Dysprosium it is a must read. But that’s up to you. Not spoon feeding anymore.
 
China has been responsible for over 98% of world production.
Since 2013 Global Dysprosium oxide production has fallen by 34%.
This article is from April 2018.
 
https://1b9dn310cnw45swh730g66pj-wpengine.netdna-ssl.com/wp-content/uploads/2018/04/Adamas-Intelligence-Spotlight-on-Dysprosium-April_2018.pdf
 
 
So Kiril we must get this Dysprosium separated very soon to 99.5%+ at least.
Scale UP!!!! Make us famous!
 
Side note:
Our share price. For what we have in the ground “Motiveil Ree Deposit”, Kintavar”, and Separation process we should be at least 30 cents!
 
 
This is just my thoughts and opinions. Do your own Due Diligence and this is not investment advice at all. Please be a free thinker and think for yourself. Research, question, verify and ask Kiril for any clarification if you need. Yes I own shares. I do not have a crystal ball to see the future and I could be missing something as well that’s important.

GLTA
Bullboard Posts