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AnorTech Inc V.ANOR

Alternate Symbol(s):  HUDRF

AnorTech Inc., formerly Hudson Resources Inc., is a Canada-based technology company. The Company is focused on the development of green technologies made from anorthosite (aluminum calcium silicate) rock. The Company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems. The Company owns 100% of the Gronne Bjerg Anorthosite project in Greenland, which is located southwest Greenland near the capital city of Nuuk. The Project hosts a quality anorthosite (calcium aluminum silicate) body. The Company also has a 5% carried interest on the Sarfartoq rare earth element project in Greenland, partnered with Neo North Star Resources. The Sarfartoq carbonatite project hosts an advanced rare earth element project rich in neodymium and praseodymium.


TSXV:ANOR - Post by User

Bullboard Posts
Comment by redarTneJon Jan 22, 2016 11:43pm
156 Views
Post# 24486373

RE:RE:Anorthosite Project Delayed

RE:RE:Anorthosite Project DelayedThis statement by the Grenland official indicates a huge delay. I am well aware of what the company has said in the past, and how often have they met their goals? Never, as Hideaway pointed out in his last post. This is a huge set back, because if an elected official is saying this won't be underway until the end of the year, it will be winter conditions again and will not start producing until summer of 2017. This is another huge disappointment from a company that has almost never been on time with anything. As Hideaway pointed out, HUD said that they would meet the following goals in 2015, but have not yet yet met them:

  • Secure project financing (Failed)

  • Sign off-take agreement for coatings and filler business and

    additional e-glass producers (Failed)

  • Obtain partner for alumina business and proceed to pilot

    plant testing (Failed)


Bullboard Posts