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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 Moneyclipon May 15, 2013 3:18pm
154 Views
Post# 21398823

RE: RE: RE: RE: RE: RE: RE: RE: Go ORT Go

RE: RE: RE: RE: RE: RE: RE: RE: Go ORT Go

upndown77, No its the PALM's fault. Sorry to hear your underwater with BB. I dont know your purchase average price but I have confidence you will get some more, or even all of it back. I watched it all the way to 6 and began buting at $9 and added at $11. Talk about a short position eh? Recent SP developments with TELSA and NETFLIX are similar to what I expect by Q1 numbers by end of June. In some ways similar to ORT in that many delays with BB10 over the last year, but appears to have been worth the wait. But BB is a real company. ORT's task is daunting to say the least in view of the unfolding story about their management team, future financing needs and plant commissioning costs, amongst others. I think ORT is headed down to .50 before leveling out and am sure there is a share consolidation in the near future which could bring about further SP erosion, unless combined with a substancial financing. Revs still at least 6-9 months away....tough one for shareholders.

Bullboard Posts