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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
Post by soulsister11on Mar 29, 2012 3:09pm
279 Views
Post# 19734948

Morgan Stanley Rare Earths Report

Morgan Stanley Rare Earths Report

Mar 29, 2012 (SmarTrend(R) News Watch via COMTEX) -- 3/29/12

Shares of Molycorp (NYSE:MCP) are trading 4.7% higher after Morgan Stanley reported Chinese rare earth prices rose 10% on average yesterday.

The bank added that it continues to see rare earth prices at an attractive level, haven fallen so heavily, and should stoke demand and predicts seasonal pickup will help stabilize prices.

SmarTrend is bullish on shares of Molycorp and our subscribers were alerted to buy on March 09, 2012 at $29.32. The stock has risen 12.9% since the alert was issued.

Molycorp, Inc. produces rare earth minerals. The company produces rare earth products, including oxides, metals, alloys and magnets for a variety of applications including clean energy technologies, technology, and defense applications.

 Molycorp (NYSE:MCP) has potential upside of 34.5% based on a current price of $33.09 and an average consensus analyst price target of $44.5.
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Get ready guys, there is light at the end of the tunnel...
 
SS11

 
Bullboard Posts