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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 BombVarkon May 16, 2016 9:41pm
66 Views
Post# 24879403

RE:RE:RE:Most likely no news this week either?

RE:RE:RE:Most likely no news this week either?I do expect a NR telling us that they have the funds and they would announce a new timeline. One might expect a NR, which was hinted at in the MD&A, regarding the tests they have been running per the January 2015 NR and the November NR, but I have come to the conclusion that there really haven't been any material news to come out of these. To simplify: all they have been doing is running interesting science experiments, it won't be until the prototype is built that we enter Phase 1A and that is when material news may be generated.
Bullboard Posts