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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 smallfry008on Mar 27, 2014 2:31pm
239 Views
Post# 22377444

Food for Thought

Food for Thought1). Updated 43-101 can only be good news as it confirms and possible upgrades the resource
2). PEA should be good news based on DD, publicly released info, etc
3). Europeans have bought in (brings in big money that will drive share price)
4). The Western world needs this resource for obvious reasons (would you want to depend on China when the going gets tough?)
5). GMA technology would be the icing on the cake (but you can still eat cake without the icing)

Minimum estimate - $5 per share (market value based on 50 million OS) = $250 million 

Question you want to be asking, do you really think this is only worth $250 million??

Keep in mind that in the stock world, there is no such thing as a sure thing, but I think GMA is as close as you are going to get .

GLTA Smallfry
Bullboard Posts