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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 14, 2016 2:30pm
146 Views
Post# 24656500

separation news / timeline

separation news / timelineDid anyone receive a timeline for the next separation news report (maybe I missed it). We were all excited for a pre-PDAC separation news report, but it never came. When was the last separation news anyway? It is rarely a good sign when a company takes more time to publish news. I would think that it either takes more time to achieve significant results or else, results were not that good and the company wishes to obtain more results to reduce the impact of not so good results. In both cases, the end result on the share price is rarely positive. There is also the possibility that the company waits for the best moment to publish a positive NR, but I doubt it, given that PDAC wascertainly a window of opportunity. If you read the board of QRM, Avalon or Ucore, the majority of posters seem really excited about the future of their company and (if I remember correctly) they all raised pre-PDAC. After reading these board, I was left wondering about the sp increase of GMA. What percentage was due to the 500k in Innord by the gvt and the investment from the new investor and what percentage was the result of speculation or market conditions (similar to other REE company)? I hope to see results soon, but I would be even more interested to see a timeline of the next steps to come. Otherwise, if there is no guidance, I guess that we will keep on seeing sell on the news type of transactions. Moulouk
Bullboard Posts