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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 Ratszoon Feb 29, 2012 12:29pm
320 Views
Post# 19605182

RE: RE: RE: Red Flagged!!!

RE: RE: RE: Red Flagged!!!

Stockdude3,

How can 2 geologists sign off a 43-101 without repeting the methodolgy? Mr. Leveque's work is in question.

Genivar based their PEA on his data. They will rightfully claim the PEA was drafted on a good faith belief the information supplied was accurate.

In other words, 'Garbage in; garbage out'.

A "qualified person"  originates data. They won't be using Mr. Leveque's data.

In the long run, this will only help investor. I hope the company can turn this corner and be better for it.

Bullboard Posts