Orbite Technologies Inc EORBF

RE:RE:RE:RE:RE:And who's the last to know again????

[ElectricFuneral]

ElectricFuneral wrote:

clubhouse19 wrote: "I will never get in before the start up is done with such a company. I'm 90% sure that investors haven't seen it all in here. Watch out for the start up. I'd rather pay .40 after the start up, than see it plunge at .15 with another shares dilution if it goes wrong....."

   To each his own !!

Yep! According to your name, you like to spice it up? Take care, I'm sitting on the sidelines. Over 75% of companies have to invest a million bucks or more, during a start up. Depending on the size of the plant. It never goes according to plan. If a company is lucky, it cost them 200K for multiple stoppage to adjust some equipments or some repair, plus the overtime pays of employees working 60 hours a week for 45 days. Better believe this, I've been thru several time. Remember what I'm saying here, I'll be back in January. Plus, don't fall for the first news, saying that the plant has been operating for a steady 48 hours or so. Or that they have produced their first tonne. They often post that kind of info, the first week it doesn't break. But 5-10 days later, you here about a shut down for a month or two. Normally, they turn around the reasons why it broke, but, from experience, it's because they've push it to much to accomplish what people were waiting for. Foremen that would like to shut it down for a couple of fine tuning repairs are often put to silence in the morning meeting. You know why? Because with a plant that's operate at extreme temperatures, you got to cool it down in levels, to protect your bricks from cracking. The same levels are required when you heat it up. A shut down, is normally, over 72 hours + works. Sometimes, if your lucky, it can be maintain alive, with heat, if repairs are required outside, example; a pump, bearings.... Being able to keep it alive for repairs will only be possible in 10% of the time or so, and not even in a start up and with 10,20 years employees experience. With these new 12 employees who got out of school a year ago, they won't take to much rick in the coming year. I hope for them. Because a plant with such heat, is a sleeping bomb in itself, if it goes wrong. Enough said, GLTA.

On December 16, I was right about the new red mud patent before another bad news. I was hoping it wouldn't be a share dilution, but guess what, I was right again. I've also said it would go sub .30 before Christmas, I was wrong by a month, it was today. With all that, I just hope that Euro Pacific don't short this one under .20 and that the start up is on time after 1 and a half year late..... Because, I would be right on the target again with the start up problems I've mentioned previously. Remember my last sentence here..... There is only 10% to 20% chance that the start up goes smoothly. Normally, it should take at least 3 months and a million buck to fine tune it.....