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Orbite Technologies Inc EORBF

Orbite Technologies Inc is a Canada-based mineral-processing and resource development company. The firm is organised into the following segments; Specialty Products, Waste Monetization and Commodity Minerals. It produces alumina, silica, hematite, magnesium oxide, titanium oxide, smelter-grade alumina, rare earth oxides and rare metal oxides. The operation plant is based in Canada.


GREY:EORBF - Post by User

Comment by Baracuda71on May 06, 2019 9:26am
409 Views
Post# 29714100

RE:RE:Note re Short Sellers

RE:RE:Note re Short Sellers
I always felt Glenn Kelly was transparent as he could of been.  I can't say the same thing for Boudreau who was the previous CEO. 
What Mr Kelly had to do was no small feat. Just what he did since he became CEO was substantial and I don't think anyone else could of done a better job.   I now understand better obviously that it was big gamble that from the pilot stage to the commercial stage. There could have been numerous problems which was what actually happened.  It's always very risky investing in these types of startups but I must admit that the initial plan sounded awesome but in reality sounded too good to work flawlesslly.  They are on the right path, the only question is : can they make it work and produce daily enough HPA for the plant to be viable and come out of bankruptcy protection.
Those answers hopefully will come in the next few days, weeks and month.
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