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 > GMA is a potential target

<< Previous

Bullboard Posts

Next >>

Comment by SpecSiton Jun 08, 2021 10:59am

179 Views

Post# 33347549

RE:GMA is a potential target

True in the longer term, but unlikely at this time. Majors don't jump at tech startups, no matter how promising they may sound. If this major decides to go ahead with a commercial sized plant one day, then instead of licensing the tech, they may decide just to own it, IMO.

<< Previous

Bullboard Posts

Next >>

Changing Europe’s dependency on HREE from China