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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 Jun 09, 2015 9:05pm
128 Views
Post# 23813727

RE:RE:RE:Investor Intel - Interview #2

RE:RE:RE:Investor Intel - Interview #2Given the absence of volume, and no spike in the share price, I was also wondering if the resource update would be delayed. We have all been very patient but I was hoping that we would not be waiting the resource update at $0.17. It does not seem to create the buzz I was hoping for. There is an absence of interest even though we are in June.

I hope I am wrong on this one, but I am starting to think that no matter how good the results will be, there will be little or no impact on the share price.Maybe it will be another sell on news type of situation. 

A year ago, we were waiting the PEA at $0.60. GMA now trades at $0.17. Why no one buys the story? Is it because of the management? Is it because GMA is too secretive ? because GMA is only at the resource stage (though it went up to $1 + a year ago) ? It is a strange time, as even our biggest pumpers are absent during the blossoming of Montviel.

Moulouk
Bullboard Posts