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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 Jul 31, 2019 2:15pm
100 Views
Post# 29980592

RE:RE:RE:RE:Dream big or go home!

RE:RE:RE:RE:Dream big or go home!
Straigh wrote:
The reason why they are starting with one 500t plant was explained by Kiril already. Once the plant is in operation, proves the capabilities to the clients and brings steady revenue to the company it will be much easier for the company to secure additional financing (if needed) or enter in more favorable deals for new plant construction. Also, they have to make sure they don't overproduce and hurt the price of the rare earth minerals and their profits. With the industry focus on electric motors,turbines and recycling trend overall the rare earth recycling has nowhere to go but up with. I think if we look back at the company in 2-3 years we will appreciate the slow and steady positive outcome for the company and GMA investors.
People need to stop thinking about this company as a penny day trading stock but focus on their long term goals. This stock has a good chance to make on their promises, it is not going to happen overnight . The stock will have a nice, slow price appreciation no need to sweat.
 


Straigh: We all know why GMA starts with a 500t plant. It was explained many times.This is not the question, nor part of my comments. I am not questionning the rationale behind the 500t, I am questionning how GMA presents the company. 

GMA is a penny stock, that you want it or not. Dozens of posters over the last years mentioned that we have to be patient, that the "plan" is being executed, and so on. Yes, "it is all coming along", or else "patience (it is coming)", or maybe "shareholders are always too impatient" and all other forms of patronizing sentences have been used over and over over the years. But can GMA present itself in a way that it may create attention, hype, interests or any other type of feelings opposite to disinterest or indifference?

Moulouk

Bullboard Posts