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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
Post by Mouloukon Feb 25, 2016 12:14pm
202 Views
Post# 24594507

A new GMA?

A new GMA?I think we will see an increase in the sp in the short term. Not because I think that the management made a terrific job on the promotion or because the recent news are wonderful, but circumstances are, imo, favorable. 1) the pp close with a new major sh. As G1 mentioned, that would be surprising that she would have invested without knowing what is coming up. One caveat: she picked up shares at 0.07 and the market was at 0.11. Not bad for an investment! 2) there are some buyers lined up. We have not seen that in months! 3) separation news, hopefully good will come at some point and this is what attracts investors; 4) Innord funding will probably come shortly, so there will be money in the bank, which will remove, at least for a short while uncertainties about the viability of GMA; Add that to the recent pp, GMA has more money than many of its peers; 5) if Innord funding comes from the gvt, it will give a further confort to some investors; 6) Investors that really want some of the shares might have to compete between themselves once NR are published, so it can give an extra boost. Maybe I am dreaming too much after years of frustration. But there seems to be a glimpse of hope. Maybe, there is a possibility that GMA turns things around. At least, I can now consider this possibiliy for the first time n a long time. Moulouk
Bullboard Posts