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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 > Great post on ceo.ca
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Post by Thinkbigsti69on Jan 23, 2023 6:59pm
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Post# 35241039

Great post on ceo.ca

Great post on ceo.ca@SS11 A few points about volume today: 1- more than 4 millions shares traded, including nearly 1.2 million on OTC (US Investors). 2- buying came from many different houses (not the same house buying all the way up), which means a lot of people kept an eye on GMA knowing that as time goes by,we are getting closer to significant news (we hope). 3- most of the trades were done on the ask price, letting me think that all those buyers really don’t want to « miss the boat ». 4- if some thought it was a good idea to short the stock today around 0.18-0.22, they might have got trapped in sort of a short squeeze (just a possibility to explain the surge). Let’s see if this goes on for the rest of the week…
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