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Orbite Technologies Inc EORBF

Metals & Mining Aluminum Industrial Metals & Minerals
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

Orbite Technologies Inc
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Comment by Soulinvestoron Dec 16, 2014 12:45pm
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Post# 23236033

RE:RE:tax loss selling

RE:RE:tax loss selling hkitty.....
You write, "If we go for a bank loan then we are back in .70". I think you are being overly optimistic. Aside from financing and dilution issues there is a good possibilty there may be further delays. Imagine, if Orbite announced already 2 major delays just with respect to replacing refractory material, what kind of delays can we expect due to tweeking the operation of the much heavier and sophisticated equipment when they come on line full time. Our share price reflects all these risks and will only move up in a significant manner when commissioning is successful, now several months away. 
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