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Bullboard - Stock Discussion Forum 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... see more

TSXV:GMA - Post Discussion

Geomega Resources Inc > Bad news for GMA?
View:
Post by Olimagne on Feb 20, 2021 3:58pm

Bad news for GMA?

https://www.seren-ag.com/rare-earth-separation-recycling/

G
ma isn't alone in the recycling space now, how does it impact us?
Comment by Cross19 on Feb 20, 2021 4:43pm
Hard to know really. We don't know at what scale they are at and how close they are to build a commercial plant. A lot of competitors in this field at the moment, but most of them are still at an early stage and have not proven that their process is economically viable like GMA who published numbers. We shall see.
Comment by Northstar49 on Feb 20, 2021 6:33pm
GMA is just getting started. Sell your shares if your a non believer, or short the company. Long and strong I am. ABC
Comment by Olimagne on Feb 21, 2021 8:04am
If Gma want to keep their first mover advantage they better start to build and produce. Even if I think there is room for more then 1 Rare earth recycler out there.
Comment by Moulouk on Feb 22, 2021 10:25am
Olimagne, we all agree on that. GMA wants to be the first mover. However, claiming that you want to recycle REE does not make you a recycler. R&D have been performed for decades in this sector without success. It is a trend in the market to label you as green, participating in the circular economy and so on. But GMA is closer than ever whereas the competition needs a lot of R&D to get ...more  
Comment by 123buyholdhope on Feb 22, 2021 11:01am
Difficult to see anyone coming out in 2021 to challenge GMA as the first primary mover in N. America with actual pilot production in the REE recycle arena. Only Urban Mining (private in the US with DoD backing) is in the ballpark. Would UM contemplate a SPAC with the RE sector so hyped up in 2021? Rest of N. American recycle related concerns are predominantly university basic research entities ...more  
Comment by Olimagne on Feb 22, 2021 2:03pm
Maybe a Spac of urban mining would be good thing for GMA, it could show how under value they are? Moulouk you are right, I forgot that their tech is more versatile than other separation tech out there.    It's just that REE has been hot the last couple months and I fear GMA is missing this trend. 
Comment by Canoutchie on Feb 22, 2021 7:15pm
GMA's stock price has more than doubled in the past six months, so I wouldn't fear that GMA is possibly missing this trend. If anything, the trend is just beginning. In the last commodity cycle, small caps with a relevant business model or mining potential would easily witness a 10x or 20x return. The broader public isn't even yet talking about demand for rare earth metals in the new ...more  
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