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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 Nov 29, 2018 4:29pm
91 Views
Post# 29041936

Where is the money?

Where is the money?" While Innord has not commercialized its proprietary ISR technology as yet, its Management has begun identifying various locations for a potential plant and will provide updates as the search advances and an appropriate location is secured." This quote comes from the October 25th press release.

Building a plant and buying (or renting) a property : can someone tell me where the money will come from?

Moulouk

Bullboard Posts