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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 soulsister11on May 10, 2018 4:08pm
173 Views
Post# 28014246

RE:News from "Riding the Gravy Train" this morning re GMA

RE:News from "Riding the Gravy Train" this morning re GMA5.00 $ was in 2011 during the REE bubble.

We are very far from that level, but I don't think we should remain so low in valuation for much longer now...

The  investment in KTR  is worth about 0.08 per GMA share...
Separation technology confirmed by end users is pending...
Agreement with end users to follow...
Huge REE deposit in Montviel...
China cutting REE exports once again...with the USA in alarm mode
Very low operating costs since the new management is in place
They have about 5 400 000 warrants with exercise prices from 0.21 to 0.25 ending from june to december of 2018 that they will want shareholders to convert

How much is all of this worth ? 0.25, 0.50, 1.00,...Your guess is as good as mine, but 0.12 ? I don't think so...

As always, do your own DD and GLTA!

SS11



Bullboard Posts