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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 tp0052on May 15, 2014 1:27pm
235 Views
Post# 22565954

Face the facts

Face the factsFellow investors,

The time has come for everyone to really face the facts here.

1. Investor and market confidence has been shattered. The inability of the company to keep their self imposed deadlines, coupled with the fact that this is very high risk stock, created this current situation you are all in.
2. There is no new interest in this stock as the market does not understand the technology, nor what the news releases mean. (Too little, too late)
3. The stock will continue to spiral ddownwards.
4. Without market confidence the upcoming news releases will not restore the loss of confidence.

I am no longer a stock holder in GMA. I feel bad for all the long term supporters who thought they would become rich overnight. Thank god I sold prior to the news being released. That said, if you hold what you have, then someday you may be rewarded, but only if the company makes some immediate changes.

I will invest again in this company in the future if I see the company taking this to a new and professional level. I won't invest in this one man run company. They will need focused CEO, a VP of Business Development and Certified Investor Relations IMO. Until then the downward spiral will continue. 

Last point is the company has failed to keep the market happy and this is the result.

GLTA.
Bullboard Posts