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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

Comment by Canoutchieon Feb 22, 2021 7:15pm
207 Views
Post# 32632958

RE:RE:RE:RE:RE:RE:RE:Bad news for GMA?

RE:RE:RE:RE:RE:RE:RE:Bad news for GMA?
Olimagne wrote:

Maybe a Spac of urban mining would be good thing for GMA, it could show how under value they are?

Moulouk you are right, I forgot that their tech is more versatile than other separation tech out there.   

It's just that REE has been hot the last couple months and I fear GMA is missing this trend. 


GMA's stock price has more than doubled in the past six months, so I wouldn't fear that GMA is possibly missing this trend. If anything, the trend is just beginning. In the last commodity cycle, small caps with a relevant business model or mining potential would easily witness a 10x or 20x return. The broader public isn't even yet talking about demand for rare earth metals in the new industrial and clean tech economies; so trust me, there is still a fair bit of upside potential in GMA (and a few others too). Patience... it's like fishing, for any of you familiar with that sport. Right now the fish have just started nibbling, but soon you'll have a nice catch. Don't yank and try to reel it in too soon because you just might lose the big one.
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