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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 Feb 29, 2016 2:27pm
81 Views
Post# 24605960

RE:RE:RE:RE:RE:L2

RE:RE:RE:RE:RE:L2Well G1, I guess you would do it at your own risk...I did it already (few days and weeks ago) and I do not intend to buy more for the moment. I listened to the YouTube link posted by ProOrbite. I think that the major difference between Simon and Kiril is their vision. Simon was thinking big and thought he could execute fast enough to impress the market. He failed, as he was not able to deliver. I think that he was really excited and really believed that GMA was on the verge of a breakthrough. The paperwork and the the QP proved him wrong. The market penalized GMA big time. Kiril is more analytical and way more prudent. He seems younger than Simon with obviously less experience on the job as he just started. He wants to do it one step at the time, checking one box at the time on his to do list. He wants to de-risk the investment as much as he can before entering in the CAPEX and OPEX big numbers. This means that he will certainly promise less than Simon, but will probably deliver more on lower objectives though. On the other hand, he will want to take it more slowly, which means that the competition can get ahead of GMA... In my humble opinion, my understanding of Kiril's vision means that it will take longer than I expected to even dream about big gains. We will have to be more than patient. But who knows, it might just be what was supposed to be done. Cheers, Moulouk
Bullboard Posts