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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 WeekendChefon Jul 13, 2018 3:22pm
82 Views
Post# 28314171

RE:Options

RE:OptionsI agree that the share price decline as we get closer to production is confounding. However, I do not find merit in the supposition that employees are dumping stock. They were issued options, not stock. Before they can sell the stock, they have to pay for it by exercising the options. There is no value in paying $0.47 to exercise the option and then sell the shares at market which is currently $0.45. 
Bullboard Posts