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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 Dec 17, 2018 8:58am
91 Views
Post# 29122751

RE:RE:Nat Bank

RE:RE:Nat Bank
shelbs wrote:

I had a good chat with Kiril the other day.

I'm actually super confident in this stock. I know it's "frustrating" that the price isn't moving right now, but the way we are trending it eventually will.

There's too many positives for the stock and too many upcoming milestones for the market to not take notice.

Happy holidays,
 

Shelbs




Hi Shelbs, thanks for sharing you thoughts! It is greatly appreciated.

If you don't mind, I have couple of follow-up questions for you.

What are the milestones you are refering to? Do you know the timeline for these milestones? The reason I ask these two questions is that over the year, I have notice that GMA (and particulary Kiril) has not committed to timelines. So, when I hear milestones, I am always wondering if we are talking about 2019, 2020 or 2027...

Should we be more confident than 2 years ago? GMA had electrophoresis process, a new technology to separate. Now GMA has ISR and can apparently separate 7 kg a day.

Where GMA will take the money to finance its plant and its operation? It seems to be more and more difficult to raise money through private placements.

My feeling is that no one is in the rush to invest in GMA (and all the other REE play). My guess is that investors will want to wait to see the money coming. So the big question remains (at least in my mind) about when (if ever) GMA will generate revenues.

Thanks again Shelbs,

Moulouk


Bullboard Posts