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RecycLiCo Battery Materials Inc. V.AMY

Alternate Symbol(s):  AMYZF

RecycLiCo Battery Materials Inc is a critical metals company focused on the recycling of lithium-ion batteries with the RecycLiCo Patented Process. The process provides high extraction of cathode metals, such as lithium, cobalt, nickel, manganese, and aluminium at battery-grade purity, with minimal processing steps. It aims to commercialize its breakthrough RecycLiCo Patented Process and become an industry leader in recycling cathode materials from spent lithium-ion batteries.


TSXV:AMY - Post by User

Comment by geraldson Apr 26, 2017 2:37pm
137 Views
Post# 26169872

RE:Mining

RE:Mining

I am not at all certain about all this and maybe someone can correct me if I am wrong

but originally I invested in AMY when they first came up with the new technology.

It was suppose to be used for mining but it turned out not to be cost efficient.

The stock then crashed and I realized they had more assets in land than the stock 

price reflected so I bought a bunch more when it got down to a penny on the US side.

They then discovered that the process could be used for recycling and we went up again.

Now as the price of the different materials increases it may become cost efficient to also

use for mining.

I think the current stock price is close to reflective of the assets the company already

has and the recycle part is not included. It baffles me as to why but who knows?

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