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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 Apr 26, 2014 10:56am
219 Views
Post# 22494028

RE:Glad the Anonymous PP shares have been digested

RE:Glad the Anonymous PP shares have been digested The excerpt below makes it seem that the hardest part of the science has been accomplish, and they did it with ease using "llimited prototype equipment". Everything points to 100% commercial separation ibeing in the bag or they'd still be running tests in Germany to acheive it........ and Danny sure as heck wouldn't have written another lengthy article on the company. Ramping things up to a full scale prototype will be the next big hurtle......but they will have lots of backers to help them accomplish that once everyone one see's the money this tech could save and generate.

KABOOM next week !!!!!


"Multicomponent separation of REE attained in a single pass;
100% purity separation of HREE is achievable in a single pass in the current process condition;
100% purity separation of medium to LREE is achievable in two passes in the current process condition;
100% purity separation of LREE is achievable in a continuous loop in the current process condition."

GeoMegA president and CEO, Simon Britt, commented on the breakthrough, “Not only the separation occurs simultaneously, the slower and less abundant heavy REE are the easiest to isolate using our physical approach.”

From DD:

"If the prototype separation testing proves successful and that is then incorporated into a PEA that demonstrates strong economic viability, then I believe that $2 should only be the tip of the iceberg over the next year or two. Firing on all cylinders this project should be worth multiples of that."
 
 
 
 
Bullboard Posts