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

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Comment by shelbson Sep 10, 2014 10:52pm

193 Views

Post# 22925640

RE:Corporate Update

I would totally agree with you. This update is really good.

I don't understand the panic with everyone? It was a corporate update, not earth shattering news.

What was everyone expecting? GMA to say they have solved the REE serperation process?
That would have came in the form of a halt!

The resource update is coming up, that will be good.

Investors were sitting on the sides and waiting to see how the market reacted, a few people sold their shares causing panic. We only had 580K shares trade people, this isn't that crazy to see it brought down by relatively low volume.

I'm not worried about this one bit. I think this was a positive corporate update!

Shelbs

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