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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 poundmaker101on Apr 29, 2014 3:52pm
101 Views
Post# 22504017

RE:RE:RE:RE:RE:RE:RE:To Simon, Regarding DD and Tickertrax

RE:RE:RE:RE:RE:RE:RE:To Simon, Regarding DD and Tickertrax
Meyefou, I did have two big tanks. they held enough water to last about a day and a half. If your consumption rate is let's say a million gallons a day and you are only able to treat water at three hundred thousand gallons a day, eventually your holding tanks run dry. You could build a bigger plant to produce more water to meet demand but nothing changes the condition of the water you are trying to treat. In other words, the source of the ore GMA is going to try and process at a commercial level may have impurities that are not as easily removed at that level compared to the experimental stage.

As I said, I'm not speculating nor do I have any hunch as to how this seperation process will turn out. I am not bashing either. I remain optimistic and will continue to hold my shares until I see a material change that warrants otherwise. We are speculating and hoping for positive results and that is all we can hope for. Remember as well, there is another aspect to consider, even if the seperation does not reach expectations GMA still holds a resource that looks promising.

Best wishes!

PM101
Bullboard Posts