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Geomega Resources Inc V.GMA

Alternate Symbol(s):  GOMRF

Geomega Resources Inc. is a mineral exploration and evaluation company focused on the discovery and sustainable development of economic deposits of metals in Quebec. The Company is a developer of clean technologies for the mining, refining, and recycling of rare earths and other critical materials. Through its wholly owned subsidiary Innord Inc. (Innord), the Company is developing innovative 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 in an environmentally sustainable way. With a focus on renewable energies, vehicle electrification, automation and reduction in energy usage, rare earth magnets or neo-magnets (NdFeB) are at the center of all these technologies. The two most advanced projects for the Company are the rare earth magnet recycling and bauxite residue processing and vaporization. It also owns the Montviel rare earth carbonatite deposit.


TSXV:GMA - Post by User

Bullboard Posts
Comment by terrafirma555on Oct 31, 2018 7:14pm
55 Views
Post# 28904926

RE:RE:RE:RE:RE:Back to 0.75 soon

RE:RE:RE:RE:RE:Back to 0.75 soonMoulouk, as usual great thoughts and questions posted by you.

After years of holding and waiting on GMA through the Simon days and the following problems and negativity that you listed, I still believe in GMA and what they are trying to achieve. I have faith and many more cheap shares then I had years ago. I have stayed positive by looking at the SP as a buying opertunity. 

That at being said I think that the government funding says something positive.

I think the best bet we have for a rise in the SP in the near term would be for end user who has already validated the oxides to come forward and purchase some product no matter how small of an amount. The news of a sale of sepearated REE oxides that are +99% from a company outside of China would certainly garner some attention. I do realize at this point in time the quantities would be small and hardly worth while for a large manufacturer. BUT, if China cuts back or stops exports altogether then end users will be desperate and may be willing to grab small amounts of product just  to be at the forefront of GMA’s production. Who knows maybe some type of JV or funding just to scale up quicker. Remember this is not about a $100 million separation facility it is about multiple $20K units.

I think and hope things could happen sooner rather then later if China exports cease. 

With each news release my confidence in GMA grows, keep up the good work Kiril and be ready when someone knocks on the door desperate for even small quantities of our oxides.

all just my opinion.


Bullboard Posts

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