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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 Apr 19, 2016 3:05pm
136 Views
Post# 24785079

RE:RE:Below Fair Value?

RE:RE:Below Fair Value?TigerDiamond: BlackAngus: What tells you that GMA intends to mine Montviel in the short to medium term? From what I can read, GMA is in no rush to mine but seems to put its effort on the separation technology, which is different than the traditional REE junior play. There is not even a timeline for the PEA's completion. The value of GMA (at least in my mind) is in its separation technology and not in the deposit itself. Some others might say that GMA is not in a rush for anything, but that's another debate. Moulouk
Bullboard Posts