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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
Post by Soulinvestoron May 13, 2016 11:05am
342 Views
Post# 24870178

I Have Heard the Same Story from Glenn Kelly For Years

I Have Heard the Same Story from Glenn Kelly For YearsThe delays keep coming. We now have over a half billion shares out. Our debt keeps increasing dramatically.  No revenues for many months to come. .They will have to raise significantly more money. They have stopped focusing on Veolia and red mud remediation which for years was on top of Kelly's agenda. A new COO was hired at great cost who has a shaky record to do the job Kelly couldn't do.  We all have to pray nothing else goes wrong when and if the plant is completed and they are producing 1 ton a day HPA.  Smart Investers will buy in once they are producing and show that it is profitable with so many shares out. Just my opinion . I respect others point of views as well. GL
Bullboard Posts