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AnorTech Inc V.ANOR

Alternate Symbol(s):  HUDRF

AnorTech Inc., formerly Hudson Resources Inc., is a Canada-based technology company. The Company is focused on the development of green technologies made from anorthosite (aluminum calcium silicate) rock. The Company is focused on three global markets: green alumina, CO2 free cement and concrete thermal energy storage systems. The Company owns 100% of the Gronne Bjerg Anorthosite project in Greenland, which is located southwest Greenland near the capital city of Nuuk. The Project hosts a quality anorthosite (calcium aluminum silicate) body. The Company also has a 5% carried interest on the Sarfartoq rare earth element project in Greenland, partnered with Neo North Star Resources. The Sarfartoq carbonatite project hosts an advanced rare earth element project rich in neodymium and praseodymium.


TSXV:ANOR - Post by User

Bullboard Posts
Comment by Hideawayon Feb 03, 2017 12:51pm
175 Views
Post# 25795959

RE:RE:RE:RE:RE:Great Presentation !

RE:RE:RE:RE:RE:Great Presentation !The presentation was very good and it gives further confidence in future rewards for longs.
Insofar as why no uptick, a few issues come to mind;
  >We are not well known to the broader investing community. Probably very few will see this presentation aside from us loyal longs mainly because of very limited past promotion.

  >This bought deal has been extremely dilutive, with close to 70% more shares in play if all warrents and options are exercised.

 >The EIB loan and secondary debt financing are taking an very long time receiving approval and we do not know why.

>Still no additional off-takes although they have been in discussions for many months with no indication of early sign off in the presentation.In past releases this was always indicated as "shortly" or "in advanced discussions". They seem to have trouble closing the deals.

These are some of the negatives as i see them and we will probably not have much movement until some of these issues are positively addressed.
On the other hand,the fact that Jamie and team actively participated in this deal is very positive. They obviously have great confidence in the project. Plus the many unique and positive qualities to our discovery are such that,IMHO, will cause this project to proceedand eventually to succeed.
GLTA
Bullboard Posts