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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 Oct 26, 2015 12:32pm
133 Views
Post# 24227204

RE:RE:RE:More insiders going to buy!

RE:RE:RE:More insiders going to buy!I understand that 25 000 shares is better than nothing, but at $0.07 it represents an investment of ...$1750 (CDN). I guess that after all this time without news, we should all get excited by this massive investment... With respect to the timelines, unless I am wrong, I noticed that all timelines present in the last corporate presentation have disappeared. I am not sure that it is a good sign...Where is the blossoming of Montviel? As far as Mr. Britt is concerned, I am pretty sure that he received an important sum of money from GMA, otherwise, why would he resigned like this, while the AGM is so close? Would he just refused to fight for the severance that he negotiated in his contract for nothing ? I am sure that he could have potentially shed some light on what happened in the last few months (or year), but I guess that we will never know...I guess that since the dispute and the potential payment to Mr. Britt would have been made in the next fiscal year, we will be informed of this amount probably later this year. With the absence of news, the absence of official communications from GMA and the removal of the timelines, it is difficult to be positive. At some point, the PEA was announced for May 2014, and still no official communication as to the delays. Pretty disappointing! Moulouk
Bullboard Posts