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Geomega Resources Inc GOMRF


Primary Symbol: V.GMA

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 Mouloukon Feb 24, 2021 9:36pm
136 Views
Post# 32654844

RE:RE:Taking Profits Today

RE:RE:Taking Profits Today

Cross19 wrote:
Bull sh*t. Instead of spreading non sense, I'd like you to name one competitor to GMA as far advanced in recycling REE outside of China. Just one. The only one that could be close is Urban Mining but the truth is that it is a private company and we know nothing about the profitability and efficiency of their process (if it works at scale).

 

Well said Cross! I am sure that many companies will agree that recycling REE waste is a good idea. Probably that many of them would like to do it also. Thinking that the idea is great or hoping to enter the market in the next 5 to 10 years does not make It a competitor to GMA.

Claiming that there are many competitors in GMA's playing field without naming any or giving any details whatsoever is quite annoying for long term shareholders.

Moulouk

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