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.

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Geomega Resources Inc > Giti

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Comment by outonthetileson Apr 02, 2021 9:47am

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Post# 32931715

RE:Giti

We see Geomega as the role model for sustainable rare earth element production outside China.

Apart from recycling, Geomega also own one of the 10 largest rare earth deposits world-wide. Montviel is also the largest rare earth bastnaesite NI43-101 resource in North America. Geomega own the patent for the related metallurgical process since July 2020.

For us these are compelling reasons to take a position and as of April 1, 2021 we are taking an initial long position in GMA.V stock.