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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 cruisieon Mar 04, 2011 12:55pm
287 Views
Post# 18232846

RE: Make no mistake, GMA WILL have...

RE: Make no mistake, GMA WILL have...Very well possible docmz, if you just multiply all variables in my previous valuation by 2, you end up with a trillion dollar deposit exactly...

62,5 billion valuation with a 500 m depth, 300 m width, 300 m length and $ 500 per tonne (density 2,5)

Now if you make it 1000 m depth, 600 m width, 600m length and $ 1000 per tonne (which at current prices it already easily is) you get

62,5 billion x 2 x 2 x 2 x 2 = 62,5 billion x 16= $ 1 trillion exactly.


It is not that far fetched at all... My goodness..
Bullboard Posts

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