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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 Jan 08, 2018 9:48am
180 Views
Post# 27304952

RE:RE:Price Movement

RE:RE:Price MovementTrevor,the last news release was a bit more definitive than previous releases in that it states we may get an announcement soon. An excerpt from my Dec. 7th post follows:

"The reference to additional Off-Takes is similar to past releases in that they continue to be in "advanced discussions". The reference to "additional applications for this unique material" is interesting and they hope to have an announcement early next year. I hope there will also be an announcement re conclusion of an off-take at the same time."

An announcement re new applications will be nice to learn but would, in itself, do little to improve upon our situation or SP,IMHO. What would be helpful is a release that additional Off-Take(s) have been signed and a plan to increase production to meet such new demands for our product. However we have been in "advanced discussions" for a long time without any finalization. The last release does not state the upcoming announcement will refer to off-takes but simply to "additional applications for this unique material".
 At any rate, we do have production for the initial agreement with Owens Corning to look forward to later this year if all goes as planned.
GLTA




Bullboard Posts