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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 Mar 15, 2019 12:32pm
54 Views
Post# 29491626

RE:RE:RE:RE:NEWS!

RE:RE:RE:RE:NEWS!Cross: I do not disagree, but I will wait a bit before qualifying it as a good news. At least it is not a bad news though.

Was Vicky Lavoie a good news? Or the other guys that received options a year or two ago. Was he supposed to be responsible for investors relations or taking care of the marketing? Maybe he is the one publishing on twitter but I am not even sure what he does.

Anyhow, this news is not material in my opinion. GMA's CEO has been there for 5 years now. I understand that the process is long, but at some point, GMA will need to deliver something. GMA needs news on separation and cash flow. The rest, again just in my opinion, is irrelevant. The market seems to have 0 interest for this kind of news.

I feel that REE companies are on the penalty box and will attract attention only when concrete activities will begin. Otherwise it will be seen as only promiss as it has been the case for many years.

Even if posters seem confident that important news are coming, I am still disappointed that GMA's insiders put their money in KTR. It makes me think that either the next news will not be as good as people hope, or the waiting game will still be on for a while. 

Obviously, it is just my feelings, and can very well be wrong.

Moulouk
Bullboard Posts