The Globe and Mail reports in its Wednesday edition Orbite Aluminae ($3.10) is a high-flying Quebec junior hoping to strike it rich extracting alumina and rare earth elements from a vast deposit of mineral-rich clays in the Gaspe region. The Globe's Martin Mittelstaedt writes that if the technology works as hoped, Orbite could offer a low-cost and environmentally superior alternative to bauxite. The technology could also be adapted to produce extremely pure, high-grade alumina needed for such applications as LED lights and computer screens. The shares had a pop Tuesday, after the company said it has designed a breakthrough that would chop 30 per cent from fossil fuel needs in its extraction process. It now has a market capitalization of more than $500-million. Most analysts are bullish. Five say buy, with price targets ranging from $8 to $15. The lone bear, Jonathan Hykawy of Byron Capital Markets, thinks the stock is only worth 90 cents at best, and rates it a sell. Mr. Hykawy is skeptical of claims Orbite has a breakthrough that is economically viable. Orbite has some high-profile shareholders who are betting on the company's breakthrough, including Sprott Asset Management and AGF Investments.