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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 > The EV tide rises all stocks
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Post by goldman888on Feb 11, 2021 9:46pm
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Post# 32548816

The EV tide rises all stocks

The EV tide rises all stocks
GMA is a great stock. But how much is it worth? It has a market cap of $68 million, per my TD webroker quote. It has potential contracts and will be building a plant to process those potential contracts. Not sure when this plant will be built. 2021? 2022? 2023? Once upon a time, not too long ago, pot stocks were flying based on their potential. what is the potential of GMA? Does anyone know? I am looking for facts, not speculation Anyone? AS FULL DISCLOSURE I do not hold any GMA shares. Sold them all at $0.40. 150% profit. Just trying to understand what is the potential production capacity of the new plant, when it is going to be built, 2021, 2022 or 2023? How much potential revenue will this plant make? Fair questions.
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