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Bullboard - Stock Discussion Forum 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... see more

TSXV:ANOR - Post Discussion

AnorTech Inc > Note!!
View:
Post by Digby8 on Dec 14, 2020 11:16am

Note!!

Niobium and tantalum are vital to a wide range of products in the energy, infrastructure, transportation, medical and defense sectors. The EU and the United States have designated niobium and tantalum as critical to their security and wellbeing. There are only three primary producers of niobium in the world with typical mine grades ranging from 0.56% Nb to 2.5% Nb .

Jim Cambon, President commented: “These results are exceptional and confirm our belief that our Sarfartoq license hosts some of the highest-grade niobium mineralization reported by a public company. Mineralogical work has commenced which will allow us to rapidly move towards a metallurgical testwork program. We will be exploring similar targets in the near vicinity with an objective to commence a drill program in the first half of 2021. We are excited to be advancing this project which is an important part of our portfolio of critical and strategic minerals in Greenland.”

Comment by Dangerdavid on Dec 14, 2020 11:23am
Huge news!!! Results like that near surface. Wow!  Drilling next year should be exciting. Been long and still holding since 2002!
Comment by thatdognelson99 on Dec 14, 2020 12:26pm
Where does the money to finance this come from?? When will management get the Weir equipment to work? Still can't generate the production volumes and quality to meet the Corning contract requirements. They tell us they are producing but I don't see any pictures! If they were the storage building would be full. They cannot spend money on anything but getting the plant to work. Do a joint ...more  
Comment by rkelly5 on Dec 14, 2020 1:10pm
Can't wait for the stock to go back up to what I paid for it so I can unload without a loss .
Comment by stonesheep on Dec 15, 2020 10:44pm
is that not a sad indictment of this management when that is the best a shareholder can ask for!
Comment by SkinnyBenny on Dec 16, 2020 12:26pm
Yo...this news is way better in my opinion than finding out they're selling some anothrosite of which they only have a 20% interest in.  Niobium and tantalum can move the share price a lot quicker than the tired old White Mountain story
Comment by rkelly5 on Dec 16, 2020 2:40pm
The only way to move forward on the Niobium and tantalum money wise is to farther dilute our shares or sell product . They have given away White Moutain because they failed in the construction , production , and management  of the project . What makes you think they will do better with the Niobium ? A Niobium mine is not a year out , more like 8 to 10 , where will the money come from , the ...more  
Comment by SkinnyBenny on Dec 16, 2020 6:17pm
Yo...as mentioned I think this moves the share price better than White Mountain.  Never expecting a Niobium mine but just having some value in the ground that may increase market cap 
Comment by thatdognelson99 on Dec 17, 2020 9:10am
Sorry Skinny, I fully disagree. Margins on anothrosite so high. Once shown in a quarterly, price will jump. They have 5 years to buy buck shares.... all the more reason to get going. Look at my previous posts for financial assessment. Just get the Corning contract going! That should be the only place they spend money. Fix the production. The world will pay for the rest once we show financial ...more  
Comment by SkinnyBenny on Dec 17, 2020 5:10pm
Yo...fair enough.  I think we can agree to disagree.  Texty posted a good bit of info that would be hard to expand upon.  It's not a mine I'm looking at re: niobium but the value of the land as stated.  I see a big upside now that I didn't see at anytime in the last year or two.  (If the cash starts coming in from Corning etc all the better)