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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 miner49er2on Apr 08, 2011 1:45pm
359 Views
Post# 18405885

RE: RE: RE: Best drill holes: AVL vs. GMA

RE: RE: RE: Best drill holes: AVL vs. GMAThe market cap comparison you posted in addition to the drill results comparison I posted earlier today gives us a glimpse of the share price appreciation that's possible should GMA continue to put out impressive drill results. of course, there's much more work for GMA to do.

The discovery has been made and now we're in a period of confirmation. I predict a major ramp up in the pace of drilling once all the Phase 1 results are in, thus greatly increasing the probability of multiple upside moves in the share price over the coming months. The size of the Montviel deposit has yet to be determined (it keeps expanding), however, it looks like it could exceed the size of many of the leading REE deposits around the world. Early days indeed.

Stay tuned for further analysis.
Bullboard Posts