GeoMega Is Surfacing on Radar if Institutions
Freedom Posted this very Informative Post on the GMA Site: The Whole Area s about to Light up light ....institutional Money Coming around....
RE:
I talked to the president late yesterday and it seems that the reason they optioned the south property was not for the REE potential, but rather to provide an area in close proximity to the REE resource that will facilitate a mine, namely equipment, buildings and a tailings pond.
Management is definitely forward thinking in their planning. Obviously this means they feel strongly that the drilling program is going to prove up a significant world class REE deposit that is feasible to mine.
He also mentioned that the interest in doing a financing has been absolutely overwhelming from investment banks in Canada, the US and even Europe. They are being very selective in the determination of who to use, as they want to ensure excellent support in the after market. Look for a major multi million dollar financing to closed by end of this May!