Geomega Resources Inc V.GMA

Alternate Symbol(s): GOMRF

Metals & Mining Industrial Metals & Minerals

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

Geomega Resources Inc

Bullboard Posts

Post by Mouloukon Jul 17, 2014 2:56pm

278 Views

Post# 22756538

NR next week? Will anyone care?

That's the question asked by DD in his June 20th report on GMA:

"I still personally hold a sizeable position and will ride GMA out through the summer. If the CEO gets his act together we will see updated resources numbers in July and pre-feasibility numbers in (??). Initially I was told to expect economics in June but obviously that is not happening.

The main problem he faces when those numbers are released - will anyone care? In Q1 the junior miners were doing great and GMA had a very large audience of investors with positive outlooks and strong bank accounts. Now it is just the opposite. A gold sector rally would help to change that but this remains a wildcard."

Bullboard Posts

The top 5 mining dividend stocks in Canada