Geomega Resources Inc V.GMA

Alternate Symbol(s): GOMRF

Metals & Mining Industrial Metals & Minerals

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

Geomega Resources Inc

Bullboard Posts

Comment by Mouloukon Jan 24, 2020 9:16am

99 Views

Post# 30593440

RE:RE:CanadaCoin

Well, you do not need a small or large position to comment! But 100 millions of shares is not much, especially if you have a look to the corporate presentation (p.27) where you can see that retail has about 46% of the shares outstanding.

I also wonder what is the definition of private large positions? 37% of the float is held by such "Large Investors".

I also think that GMA starts with conservative numbers as the question of feeds will be revisited once GMA is up and running with the demonstration plant.

Moulouk

Bullboard Posts

Rising miner increases graphite price, restarts Québec mill