RE: Another Timminco? Timminco traded over $30 before it crashed and burned. If ORT could follow that same SP trend that would be great so that I could get out of this drama story but we will not be that lucky.
Sorry to sound negative this morning but it has been almost a year since I visited the HPA plant site at Cap Chat and the field office in Grand Vallee. I was excited at the time and even purchased some at 0.65 cents recently but lets face it the shorts are way ahead of the true longs here.
ORT is not even close to Timminco. The difference is that TM convinced someone at Sprott (which held about 30% of the shares) that they were for real then it imploded.
ORT (which is held mostly by retailers) is still trying to convince everyone that they can do what they say they can do commercially be it HPA,SGA,REE,RMR, or all of the above. Closing on any one of these will be 100%more than Timminco ever did.
In the mean time the drama continues and we wait for ORT to close the deal.