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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
Post by antoninuson Mar 28, 2013 10:11am
163 Views
Post# 21179867

have to agree....

have to agree....

I have to agree with some who feel it is taking more time than was thought...I think its fair to say we all thought samples had gone out long ago and that orders and offtakes would be imminent. It now sounds like we'll have to wait as samples of a commerical nature were just sent and that more samples may be ordered pending results of testing of these just sent samples...and then if satisfied, commercial production contracts/sales/offtakes can be signed thereafter...

 

all to say, its going to take at least another half year....3 to 4 months to analyze these samples, then maybe more samplks requested which will take another 3-4 months to analyze BEFORE offtakes are signed...

 

we need a JV with rusal and we will need it soon...or substantial news from veolia...or nalco....in the absence of these, the stock is going to be chipped away at by the shorts and or those hoping to take us over...

Bullboard Posts