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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 soulsister11on Jan 12, 2013 10:14pm
221 Views
Post# 20830813

RE: RE: 2013

RE: RE: 2013

Hey Champ, if I was working for GMA, here are a couple of things I would have done:

 

- Get all the financing they needed when the stock hit 4.00$ and up, and avoid the dilution  we are suffering now

- Hire 1 or 2 good promoters to make sure all the brokerage firms in CANADA, USA, EUROPE (and why not ASIA) learn about GMA's project, so not only Quebecers buy it

- Stop having their news released on thursdays and fridays, the worst 2 days of the week to do so IMO

- Take advantage of the Graphite market by doing some work (with minimum expenses) on the best properties they own, and then sell those to the highest offering they can get. Once again, this would have given them cash instead of making numerous PP at low prices (avoiding dilution)

- Finaly, why not give SoulSister 500 000 options to buy at 0.25$ (JOKE)?

 

All this being said, yes I'm a strong beleiver in the Montviel project. I wish we would be at 5.00$ right now, having bought my first shares almost 2 years ago at 3.75$. When I see AVL with a market cap of about $150M and QRM at about $70M, I don't understand GMA's market cap of $15M and can't think of anything esle than it is just a matter of time before it goes back to at least 1.50$. Maybe I'm wrong, but all the news we have about or from GMA are good news...

 

For myself, I've been averaging down quite a lot (last buy at 0.33$). I hate to see all the money I locked in this stock, but I'm a patient investor (like you seem to be). Let's hope we are near an uptrend in the stock...

 

GLTA!

 

SS11

 

Bullboard Posts