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Bullboard - Stock Discussion Forum 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 Discussion

Orbite Technologies Inc > Will it trade again
View:
Post by Positivelive1 on Mar 25, 2019 2:53pm

Will it trade again

You can’t trade because it’s halted!
Hope it trades again but no guarantee!
Just have to wait it out- if ORT trades again an announcement will be made prior to trading!
Comment by growthnprosper on Mar 29, 2019 6:47am
Before it ever trades again, they would have to prove production works, then find a financer, pay off creditors at a discounted rate, then come out of CCAA protection. Just hope we get something for our shares or we get back on the TSX. Next PR will be before June 7th. Let's hope production works and there are interested investors.
Comment by Murphylaw on Apr 07, 2019 5:13pm
Is ORT really bankrupt? watch this and listen between 03:34 and 03:59 min. : https://gpsmedici.ca/2019/04/05/medici-a-rdi-economie-les-difficultes-de-nemaska-et-stornoway/
Comment by dalesio_98 on Apr 08, 2019 5:06am
RDI's Gerald Filion is mistaken (3:59), Orbite is not bankrupt.They are presently under the Companies' Creditors Arrangement Act (CCAA), forecast to commence production in Q2 2019. https://www.pwc.com/ca/en/services/insolvency-assignments/orbitetechnologies.html Good luck to all!
Comment by Murphylaw on Apr 09, 2019 5:27pm
Thank you dalesio, should we send a little note to this medici guy ??? GLA  ML
Comment by HarfanddesNeiges on Apr 09, 2019 7:45pm
FYI on EORBF HIGH: 0.16 US$ TODAY https://www.stockwatch.com/Quote/Detail.aspx?symbol=EORBF&region=U
Comment by rockyfan on Apr 10, 2019 7:26am
It looks like something good is going on...16 cents yesterday... It’s been a long road. Hope wll see the light pretty soon.  Still a believer in Orbite...No choice, have so much money in this....40K is sleeping rignt now. cross my finger...About you???
Comment by rockyfan on Apr 10, 2019 7:35am
The Company started up the hydrometallurgical section of the HPA Plant in February 2019 and will soon re-commence the production of ACH crystals required to feed the pyro metallurgical section (decomposition and calcination) which is still expected to be started up at the beginning of the second quarter of 2019. 
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