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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 Soulinvestoron Mar 16, 2016 4:23pm
285 Views
Post# 24666541

RE:Piping issues

RE:Piping issuesGlenn Kelly skips the PDAC and announces a major piping problem which will further delay the HPA plant and cost millions more dollars. It is obvious that matters began unraveling following his November announcement that Orbite has more than enough money to complete the HPA plant and commercial production was imminent. Between then and now why could he have not been transparent and let investors know the specifics behind the issues plaguing the plant? He should have called a special shareholders meeting or at least a special conference call? We still are only speculating what precipitated the latest announcement. I urge Glenn Kelly to organize as soon as possible a conference call to properly inform investors as to what happened? AND what is really going on. It is sad to see the wealth that is being destroyed from hardworking and trusting investors.
Bullboard Posts