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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 outonthetileson Mar 22, 2014 2:45pm
162 Views
Post# 22355901

RE:RE:RE:GMA DD for new investors

RE:RE:RE:GMA DD for new investorsGreat couple posts TT and Yixter..... "Explosive" potential is the word!!! Look at the big players loading up this past week.....follow the smart money !!! 

Below is the article I posted yesterday for those that might have over looked it....it is also very telling on REE's future in Canada.

We have a perfect storm brewing here...  Black Swan situation perhaps?

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Global Palladium Production
 
Source: North American Palladium Ltd.
 
I've written for years that these metals and these materials are at risk of critical supply shortfall. It's even more the case now as these tensions increase. There is greater risk of China or Russia turning off the natural gas pipelines or cutting exports of the rare earths and graphite.
 
Their control of these critical metals is going to force the West, the European Union and the U.S. to develop their own strategic, secure supplies of these materials needed for the critical technologies.
 
We're already beginning to see that take place. Many junior miners have made strategic advancements with some jurisdictions in the rare earth sector. For instance, the state of Alaska made a proposal to help fund a rare earth mine in Alaska controlled by Ucore Rare Metals Inc. ($UCU:CA) ($UURAF). In Canada, there's a push in the Parliament to look for secure supplies, an effort which may benefit Pele Mountain Resources Inc. ($GEM:CA). In Europe, I like Tasman Metals Ltd. ($TSM:CA) ($TAS) ($TASXF) as the company could be a strategic supplier of technology metals to the EU, which may be very concerned about supply as tensions increase with Russia over Crimea. If investors are not yet positioned, they should position themselves either through the strategic metal ETFs or even better, the specific REE junior miners that are positioned for upside breakouts.
 
Another angle: In times of war and tension and geopolitical crises, commodities are often a very good hedge against inflationary price rises. We're already seeing outsized gains in the commodity sectors in 2014. The smart money may be already positioned for the black swans we are currently observing.
 
Source: USGS
 
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