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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 shelbson Dec 17, 2014 5:27pm
262 Views
Post# 23242022

RE:RE:RE:Ventureguy

RE:RE:RE:VentureguyI'm sure there are better potential stocks out there. There are probably "safer" stocks that have room to retract back to their similar levels. In terms of venture stocks out there that have a lot of potential that has room to grow is anyone's guess. I haven't done enough DD on other stocks to give an answer that holds enough merit. I know there's a handful of stocks that I watch and have done my DD on, and GMA would near the top for me. 

I used to own 150K shares of Quantum Rare Earth.....then turned into NB. Like an idiot I bought at .10 and sold at .175. Yesterday it hit .80! I'm a little disappointed in myself for hitting the sell button so fast. 

I know GMA has missed many deadlines, but I've also followed Crtitical Elements in the past, and they've done the same thing. Same with KWG and BMK in the Ring Of Fire.....they have offered many missed deadlines, some stemming from the government, and some caused themselves. The venture is very volatile and there are a lot of companies fighting for your investing dollars. Why would a company tell you that their plans will come together in 2 years from now? People would run for the hills and come back in a year and a half. Junior stocks don't want that! They all exaggerate the truth to keep you around!

Heck, even Niocorp did that a few times with me.........look how they are turning out! 

So I wouldn't be too worried (but that is just me). I guess the reason everyone here seems to be afraid is because of goldn always posting negatively and the bad press GMA was given from Danny Deadlock. I'm guessing GMA held Danny to the same standard that GMA holds to the rest of us (which I think is good). GMA didn't put Danny on a higher platform then the rest of us regular investors, and he obviously was not pleased, resorting to a very negative article. 

Anyway, just relax, let GMA do their thing, and if the PEA, drilling results, technology update, etc is what they say it is, we will be off to a great start in the new year! 

Happy holidays,

Shelbs
Bullboard Posts