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Symbol: ORTE Current Price: $0.30
Expected Speculative price in next 3 days: 85 cents
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Symbol: ORTE Current Price: $0.30
Expected Speculative price in next 3 days: 85 cents
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More about ORTE
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The Company:
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Industry Sectors -- Mining, Ore Processing and Refining
Industry Applications -- Ore processing and extraction of precious, strategic, and rare earth metals and other minerals
Technology Invented -- 2001
Current Operating Status -- Proof of Concept Unit Complete Oretech, Inc. has developed a proof of concept model that represents a breakthrough in ore processing technology. The process utilizes a proprietary high temperature technique to extract various metals from ore bodies that are typically highly carbonaceous.
The proof of concept model has extracted gold and silver from various samples of carbonaceous ore bodies.
With only a few equipment enhancements future Oretech production units should be able to extract many additional metallic elements including platinum, rhodium and scandium. OreTech, Inc's business model is to become a major producer of gold and other precious metals through the use of its proprietary technology. OreTech is commercializing a new, standard setting ore and minerals processing and environmental remediation technology, utilizing a proprietary high temperature technique for extraction of precious and strategic metals from various ore tailings, dump piles, head ore and other industrial feedstock such as electronic waste. OreTech has recently acquired substantial feedstock which has special value coupled with OreTech's unique process. Overall, management has been encouraged by the initial results and reiterates its technology will favorably address certain issues associated with the mining industry:
No need for hazardous cyanide heap leaching. Minimal power requirements. Acceptable recovery rates from dump and tailings feedstock. This technology represents a major innovation in the industry. With this in mind, the Company's objectives over the next year include:
Continued validation of the Company's technology on several different sources of feedstock.
Further study on optimal scalability.
Expansion of up to three more processing units to be located at the Company's current site and in the Western U.S.
Management maintains, meeting these objectives could allow the Company to achieve processing rates of up to 1000-1250 tons of raw feedstock per week within the next twelve months.
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Symbol: ORTE Current Price: $0.30
Expected Speculative price in next 3 days: 85 cents
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Information within this email contains "forward looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21B of the Securities Exchange Act of 1934. Any statements that express or involve discussions with respect to predictions, goals, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward looking statements." Forward looking statements are based on expectations, estimates and projections at the time the statements are made that involve a number of risks and uncertainties which could cause actual results or events to differ materially from those presently anticipated. Forward looking statements in this action may be identified through the use of words such as: "projects", "foresee", "expects", "estimates," "believes," "understands" "will," "part of: "anticipates," or that by statements indicating certain actions "may," "could," or "might" occur. All information provided within this email pertaining to investing, stocks, securities must be understood as information provided and not investment advice. Emerging Equity Alert advises all readers and subscribers to seek advice from a registered professional securities representative before deciding to trade in stocks featured within this email. None of the material within this report shall be construed as any kind of investment advice. Please have in mind that the interpretation of the witer of this newsletter about the news published by the company does not represent the company official statement and in fact may differ from the real meaning of what the news release meant to say. Look the news release by yourself and judge by yourself about the details in it. In compliance with Section 17(b), we disclose the holding of ORTEshares prior to the publication of this report. Be aware of an inherent conflict of interest resulting from such holdings due to our intent to profit from the liquidation of these shares. Shares may be sold at any time, even after positive statements have been made regarding the above company. Since we own shares, there is an inherent conflict of interest in our statements and opinions. Readers of this publication are cautioned not to place undue reliance on forward-looking statements, which are based on certain assumptions and expectations involving various risks and uncertainties, that could cause results to differ materially from those set forth in the forward- looking statements. "Expected Speculative price" should not be accepted as price projection its only for informational purposes. Please be advised that nothing within this email shall constitute a solicitation or an invitation to get position in or sell any security mentioned herein. This newsletter is neither a registered investment advisor nor affiliated with any broker or dealer. This newsletter was paid $12900 from third party (Raginbulls) to send this report. All statements made are our express opinion only and should be treated as such. We may
own, take position and sell any securities mentioned at any time. This report includes forward-looking statements within the meaning of The Private Securities Litigation Reform Act of 1995. These statements may include terms as "expect", "believe", "may", "will", "move","undervalued" , "speculative target price" and "intend" or similar terms.