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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 Nov 15, 2019 6:17am
75 Views
Post# 30354943

RE:RE:RE:RE:RE:RE:RE:Share price: is it time?

RE:RE:RE:RE:RE:RE:RE:Share price: is it time?Hi Phanton,

Can you explain what you mean re:financing? 
Please watch the last video posted by ProOrbite or MrDales where Mr. Mugerman indicates that the financing from both the federal and provincial government is imminent. Corporate presentation indicates December 31st and also referred to debt financing. In other words, I do not see any reference to equity financing. 

Why hat do you say that people do not believe “that this will work”? Are you referring to the plant? The amount of feeds? The technology in itself? Problem with scaling up?

You also mentioned that Mr. Mugerman had
this issue in his tour. Do you mind giving a bit more
details?

thanks!

Moulouk



Phanton wrote:

I have my biggest bet on gma right now so don't get me wrong . Until we get the financing that's needed to get this off the ground , nothing is going to happen . I think the problem now is no one believes that this will work . Kiril is having this issue in his tour I believe . He's a work force , so dedicated to this project and doing a good job and I mean that !!  . I won't be surprised if has to go to the market for funds .I say he just does a pp and get the funds .If it flies some share delusion won't matter .Fingers crossed . 

 



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