GREY:EORBF - Post by User
Comment by
Fnordon Feb 14, 2012 7:21pm
270 Views
Post# 19534502
RE: RE: RE: RE: Throw PEA Out The WINDOW???
RE: RE: RE: RE: Throw PEA Out The WINDOW??? I think Orbite has made a number of errors here due to being over-eager to sell themselves. The PEA they released was too detailed in my opinion and read more like a cross between a PEA and an FS. They should have either saved a lot of information for the FS or they should have waited until they had more information in certain areas (e.g. indicated REE resource) before releasing the PEA. I still like the potential of this stock but I think they've done some damage to investor confidence. If they had waited a month or two more before releasing the PEA, we wouldn't even be having this discussion, and I bet the stock would be trading a lot higher than it is right now.