AnorTech Inc V.ANOR

mining.com

[TELEMARKER]

https://www.mining.com/greenland-minerals-tanks-as-uranium-ban-leaves-project-in-limbo/

[majortom75]

So much for the niobium-tantalum project... https://stockhouse.com/news/press-releases/2021/11/15/hudson-to-advance-sarfartoq-rare-earth-element-project-after-new-uranium

[peasoupfog]

This post has been removed in accordance with Community Policy

[brazil2]

are you guys idiots?  Our uranium is at 10ppm and the company will advance it, it's worth billions from what I read the RRE are worth 2.67 billion.

[Digby8]

brazil2, nobody is saying the REE project is dead, and in fact HUD specifically says it is being advanced. It's the tantalum that is finished because that's where the uranium is.

[brazil2]

sorry my bad, yeah tantalum flashed down the toilet, I am glad RRE's are on the table cuz uranium in the resource what an issue .  I hope they can come up with a plan on how to monetize on these.

[brazil2]

With tantalum we would have to spend $$$ but with RRE's might be a different story, I see it as positisve, lets see what they do with it a sale would be welcomed but for a nice price, the report says it's worth 600 mill, even 1/3 would give us 1$ per share plus anorthosite must be worth something.

[tannin]

thank you someone.....added at 7.5 c this morning.....

[tannin]

The company’s advanced ST1 Sarfartoq project contains low levels of uranium (10ppm) and high levels of REE’s neodymium oxide, and praseodymium oxide. These are key elements needed for permanent magnets used in wind turbines and the motors in electric and hybrid vehicles. That catches my interest......big time.

[majortom75]

Considering that White Mountain is still not producing at expected volumes and it is a relatively simple operation, I don't expect Hudson to be able to pull off a REE mine and processing plant. Maybe they should sell off the REE assets and use the proceeds to buy back the 69% of White Mountain that they had to give up... focus on anorthosite.

[brazil2]

REE are different but yes maybee a sell would be a better option at this moment, but money should dirrectly go to the investors, not to the company!  I used to trust this co looks like not only me.  Still selling at this point with all the assets makes no sense, the managment should work on trust first of all!

[brazil2]

It is only my opinion and I could be wrong, but it seems like the managment has used the company to benefit themself and not the share holder!  In the end we all go bankrupt if that is the case.

[rkelly5]

Managment has shown it is not competent to develope and run a mine . Part of the problem is with the Greenland Gov. , it is Socilist in nature , and given the outcome with the True North Ruby mine it seems to have no intention on outsiders owning a part of Greenland ,   The Greenland invsetment company and their Norise partners will end up with most of the White Moutian mine just like

[peasoupfog]

This post has been removed in accordance with Community Policy