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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Bullboard Posts
Comment by Fnordon Feb 15, 2012 12:51am
362 Views
Post# 19535550

RE: RE: RE: RE: Questions sent to Orbite

RE: RE: RE: RE: Questions sent to Orbite

Mott67,

As far as I know they have all the infrastructure they need for the HPA plant. It is essentially an extension of the pilot plant.

Out of curiosity, what's your concern about the water treatment plant? It seems like fairly standard fare to me. Are you concerned it would take longer to build than the SGA plant itself?

I think question #3 is a good on. I'd be curious to know what kind of arrangements they are looking into with local gas explorers and the timelines involved. Petrolia and Junex own the vast majority of exploration rights in the immediate vicinity:

https://www.mrn.gouv.qc.ca/publications/energie/exploration/Permis_gaspesie.pdf

Neither company appears to have massive amounts of cash to burn right now, so I imagine that a joint venture is a distinct possibility as opposed to simply an off-take agreement.

There are a number of gas prospects in the Gaspe vicinity including Junex's Galt Field prospect which has already produced large quantities of gas in the past without fracking (up to 2 million sq ft / day from the main reservoir apparently). Junex has been flaring gas from exploration wells and is supposedly continuing to explore the gas potential of the field. As for Petrolia, the strongest prospect nearby might be Tar Point which had strong gas shows when it was previously drilled in 1950 (again natural fractures so no fracking from the looks of it). I believe there is some gas at the Haldimand field as well, but I'm not sure of the quantity. The Bourque field supposedly has a lot of gas potential, but it is much further away from Orbite.

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