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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 May 18, 2014 5:53pm
320 Views
Post# 22574484

RE:The problem!!

RE:The problem!!Excellent analogy pday....I concur. Looks like financing is not an issue for a while.

From Danny Deadlock..... you know the guy that's almost as smart as Jove lol !!!!

"The CEO has indicated that he has no desire in the foreseeable future to raise more money by issuing shares. Quebec is great for supporting their mining companies and investing in new technology. If everything goes well and GMA continues to make positive progress with their rare earth separation technology, then we may see funds become available from the Province of Quebec.

Now that the financing is closed we will see more important news coming out on tech development, resource update, and pre-feasibility (economics). This will unfold between now and summer. "


Bullboard Posts