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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 Mar 02, 2016 11:19am
107 Views
Post# 24612785

Guidance?

Guidance?It might only be me not reading the MD&A or the corporate presentation properly, but I feel that we could all benefit from greater clarity on the Outlook for GMA for the next few months. Simon did not deliver for sure and the sp took a beating, but we had timelines and guidance that kept the investors on their toes. It seems to me that the Outlook for 2016 is not exciting: possible PEA (probably not as good as we expected in 2015), study for a pilot plant, maybe more separation results and Anik results. Is anyone excited about the Outlook, or did I overlooked something major? If there is not much to keep the investors or sh excited, I am afraid that the sp might not go as high as we hope for or else, revisit prices that we do not want to revisit. I definitely do not support the over optimism of Simon, but at the same time, I would like a bit more to chew than what we are offered in terms of guidance by GMA in the MD&A and in the corporate presentation. I am not sure that being too conservative will better serve the interests of the sh. Moulouk
Bullboard Posts