GREY:EORBF - Post by User
Post by
Tbonepickenson Sep 18, 2012 4:37pm
635 Views
Post# 20381849
$10.00 price target
$10.00 price target With a "buy" rating and an initial $10.00 price target there is still a lot of meat left on the bone for investors to pick this up while it is still cheap. Once their plant is operational and they licence their technology to other companies, you will never see the price below $10.00....who knows what the price will go to once they start earning big profits. After that they will (logically) probably announce a dividend to reward shareholders further. I don't want to get ahead of myself but I think this company has great prospects because it is in Quebec and they are hurting big time for revenue and local industry to be developed. This is a godsend for Quebec. I believe the Quebec government will help in every way possible to ensure this company is successful. It is nice when the government is supportive, especially when they realize that Orbites success translates into jobs, taxes and revenues for the provincial coffers. Go Orbite go !!
Tbonepickens