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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 21, 2019 12:56pm
130 Views
Post# 29260113

RE:RE:Really? Worrisome...., No !

RE:RE:Really? Worrisome...., No !As expected, our SP has dropped a bit on little volume. Those who see the news as negative are selling  and I wonder if the recent short position increases were as a result of a bit of leakage?
At any rate, I feel that things will improve over the coming days. 
When we receive an update re the delay in achieving production we may see a further decline particularly if finances are affected and some additional interim finamcing is needed to get them over the hump. Hopefully it would be for limited amount and short term if required.
If the next release is fairly detailed and specific as to production and shipping dates as well as some indication of progress towards an agreement with the paint,filler and coatings industries, we should start to rebound. I would not be suprised to see us drop a bit further and if we hit .37 cents I will consider adding to my position.
GLTA
Bullboard Posts