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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 Mouloukon Sep 12, 2014 9:52am
123 Views
Post# 22930142

RE:EXCITEMENT & MAKRKETING?

RE:EXCITEMENT & MAKRKETING?
Carcleaner: I would generally agree 100% with your statement. However, this is not what GMA and (above all) Simon did. They announced pending results to certain few shareholders and to the only analyst that was following the stock. Simon promised results over and over and did not deliver it. Simon did not explain the delays.

I bought most of shares in anticipation of the pending news that was coming. Had I known that no NR or results would be published for 5 months, guess what I would have done...

The frustrations against the management comes from the fact that they promised and did not deliver. The only thing that they did to justify the fact that they were late was changing the timeline in corporate presentations, without explanation. Credibility and confidence are really important for companies like GMA.

Moulouk

Bullboard Posts