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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
Post by texstyleon Nov 01, 2018 1:56pm
125 Views
Post# 28909366

Thoughts

ThoughtsJust some random thoughts. A number of times I've seen the question about working through the winter and if we can do it. There are mines operating year round that are north of us. Places like Baffin Island andNunavut can do it so we will have no issues. Greenland may be cold and dark in the winter but it actually doesn't get too much snow. Besides which blasting will remove snow and the road will be constantly driven on by huge trucks so no issues there either. Hideaway is correct that boats can get there year round and if the water should ice over the Danish Navy patrols the area and can come in and break ice when needed.
With todays recent photo and the stated goal of shipping goods this year I wouldn't be surprised if we are up and running in short order. The trucks can bring 1000 tonnes a day to the primary hopper, the warehouse holds 30,000 tonnes and we want to ship a boatload this year. That's 30 days of production to fill the warehouse and subsequently fill the boat. That doesn't leave a lot of time to fill a boat and have it on its way this year so hopefully some new photos in the weeks ahead will show the warehouse filling up.
Once production is proven all those lawyers holding up the new clients from signing off takes will give the go ahead as they can now be dealing with a producing mine. It would be fun to be at the Greenland airport to see which companies are coming to town to check HUD out and sign some deals. Then our share price will get out of its rut.
Speaking of which I think we are in this rut because of the last financing. I've seen it before. Weak hands are offered the opportunity to buy shares in a friends and family deal when they really couldn't afford to be doing it and then essentially they sell their shares to hold on to the below cost warrants that were part of the deal. There's a lot of shares being offered at 44. They will be gone and then the share price will take off.
Bullboard Posts