Geomega Resources Inc V.GMA

Alternate Symbol(s): GOMRF

Metals & Mining Industrial Metals & Minerals

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.

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Geomega Resources Inc

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Comment by BombVarkon May 17, 2016 11:58pm

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Post# 24883652

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

I found the MD&A pretty informative about timelines, phase 1A completed by the end of the year. They did indicate that an update would be possible within the original timeline which I read as mid-May. Which brings up the question of why the presentation used at the New York conference in late April still had the original timeline? Did they skip past that slide or what? I believe there to be little of substance to announce for a few months, but who knows?

As for management, I lean towards Golden's view. They have been promising updates since Simon's time. At least Kiril hasn't told us yet that the company is in the best shape ever.

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