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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 Apr 08, 2015 10:07am
89 Views
Post# 23608164

RE:REE and GMA

RE:REE and GMAI hope you will get an update soon Ventureguy. You are rising valid points in your post.

What is supposed to be the next news release? There is not only the timeline that is problematic, there is also the issue of not knowing what is coming in terms of news. It seems to me that normally, for other issuers, we know what is coming. Therefore, if an issuer is late in one of its milestones, it goes back to the shareholder and inform them about the nature of the delays. With GMA,  we expect PEA, we receive gold news. We expect optimization tests, we get Innord or a new PP, etc.

It's sad that we have to "contact Kiril if you want to know" type of answer. All the information should be transparent and available to the public. Future investors needs public filling to perform their due diligence. Not a phone call with someone who has apparently no shares of GMA (last time I checked SEDI, Kiril was not mentioned as an insider of GMA)

Anyway, what is supposed to be the next news release? Resource update? If it is the case, I really wonder if the stock will move even with great news. We may see the usual sell on news type of reaction from investors. It seems to me that PEA is the key and I am starting to think that with what has happened in the last year, we may have to wait even longer than what GMA has written in the Re-re-re-re-re amended corporate presentation dated February 2015 to see the PEA.

Moulouk
Bullboard Posts