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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 NickCarpathiaon Apr 28, 2023 9:39am
262 Views
Post# 35418905

RE:Geomega to Centralize its Activities in St Hubert, Quebec

RE:Geomega to Centralize its Activities in St Hubert, QuebecReally? You need to read it again. I mean free money is nice don't get me wrong, but when will they generate revenue?  Two lines from the press release will tell you.

Two years of what? And, another two years before the HCI recycling is competed!!

Like Mr. Gentile said, "if it works, and that's a big if".


St Hubert centralized location for demonstration plant and R&D
The addition of new R&D projects over the last 24 months, including this HCl recycling process and more projects

HCl recycling project funding from CRITM
The HCl recycling research project is expected to be completed over 24 months and will have important synergies with other projects of the Corporation.

For those of you who listened to me and dumped this in the $.50's, your welcome.

 

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