GREY:EORBF - Post by User
Comment by
alfredenuemanon Jun 24, 2012 5:53pm
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Post# 20049550
RE: Take out
RE: Take out Scramblin8man,
Joint venture with Rusal yes, take off agreements yes, foreign takeover no. There is no way Quebec or the Government of Canada would ever allow a strategic resource like this to be owned by a foreign company. Nor should they. It would be political suicide! I do expect an offer / attempt however by the local smelters at some point.
Just reading the tea leaves; Orbite wants to be a world class producer of SGA Alumina, HPA & REE's and provide jobs and ecconomic spinoffs to the people of Gaspe & Quebec as a whole for generations to come.
Alfredenueman