Geomega Resources Inc V.GMA

Alternate Symbol(s): GOMRF

Metals & Mining Industrial Metals & Minerals

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

Geomega Resources Inc

Bullboard Posts

Post by miner49er2on Apr 28, 2011 11:20am

250 Views

Post# 18500680

Technicals

Pennant formation (formed over ~2 months) - bullish continuation pattern
MACD is just touching the signal line today...very close to an upside crossover (very bullish)
20-day SMA: $3.85 (falling) - bearish
50-day SMA: $3.92 (rising) - bullish
100-day SMA: $2.51 (rising) - bullish
RSI: 53.86 (no overbought condition)
Current chart: https://stockcharts.com/h-sc/ui?s=GMA.V&p=D&b=5&g=0&id=p62375463458

All we need is some volume for a breakout.

Bullboard Posts

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