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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 Dr.Sig.Orbiteon Feb 04, 2013 12:35am
250 Views
Post# 20932301

RE: RB replacement

RE: RB replacement

In 2007 Richard Boudreault, an accomplished engineer, took over as President 

of ORBITE, (ORT). He had a dream of successfully extracting Alumina from the

Aluminous clays of  Gaspe. The vision began in a lab and the eventual production

was accomplished in a pilot  plant. Under his guidance numerous valuable patents

Were secured that not only enabled Orbite to commercially extract Alumina from

their billion ton resource but they did so economically leaving no environmetal

foot print. Richard and his team of  scientists with the help of the world's best

experts, developed the game changing disruptive nature of this new process which

in time will replace the the more than century year old toxic Bayer  process which

has left many lakes of red toxic mud which is an environmental disaster to many

countries. Richard then proved that his process can extract Rare Earths as well as

Extracting alumina from fly ash. Richard also proved that he could extract alumina

from the toxic red mud left over from the Bayer process and even clean up the toxic waste.

Richard organized the best scientific firms from around the world to send  the right

equipment that would effectively build the first state of the art HPA factory that  would start producing

One ton a day of HPA and then would be quickly ramped up to 3 tons per day and

eventually to 5 tons per day within a year. Richard choreographed the building of this

state of the art HPA plant in only 6 MONTHS. How many CEO's could have pulled that

off. I know plants taking years to do relatively simple rennovation work.  This HPA plant

will extract and separate  Rare Earths as well as other valuable by products at little to

no extra cost. The plant will have as well an SGA line which will derisk the future plans

of building 10 large SGA plants which will copy the SGA process in the HPA plant with

of course many more lines. Richard still had time to organize his team to sign MOU's

with the world's leaders in alumina and aluminum production, Rusal and Nalco. Richard

is now negotiating with a slew of companies world wide with non disclosure agreements

which include customers for HPA, licensing agreements, JV partnerships, etc. etc. etc.

As Orbite continues to prove their ability to commercially produce Alumina and rare earths

the interest by parties around the world is getting more intense. There is a lot at stake if

Orbite can produce these precious products cheaper and with no environmental foot print.

The business plan may have to be tweaked because of the tremendous demand from around the

world as Orbite demonstrates the ability to do all they say they can do as they have shown when they

recently announced  production at their HPA plant of the first ton of HPA. Richard is fighting a winning

battle on many fronts. He has earned the highest awards for his accomplishments. The SP may be

temporarily manipulated by the Bay Street short sighted whors. But they know that they cannot hold

Orbite down  for much longer.  Richard brought the stock up from pennies to where it is now. I am fully

confident that under his leadership the SP will reach record heights that will richly reward the patient

investors who have done their DD. Richard is a great visionary and pioneer. His leadership is

invluable to our company.  GLTA

 

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