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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 Sunflyer11on Feb 25, 2012 4:23pm
483 Views
Post# 19585789

Let's keep perspective--options

Let's keep perspective--options

Some good insights here today, but confirms the little guys are left guessing.  Trading suggests the latest pea was rejected late tues afternoon and the open 9% lower suggests some traders knew and iroc intervened with the halt.

This new process, as uganda suggests could turn rare earth production upside down,lowering the price and making pea of other rare earth miners about to build mines meaningless---it is a game changer.

Thus, many brokerage houses will lose big time, if ort's process works---lots of pressure by them to get ort to conform to standards which they know don't fit.

Best option for ort is to withdraw the pea and work towards production, trying to bring investors in without a pea.  Not ideal, but if the process is economic, its still a big winner.  Gold companies like barkerville mines has done this and use profits to expand exploration. 

Bullboard Posts