Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

Electra Battery Materials Corporation is a Canada-based processor of low-carbon, ethically sourced battery materials. The Company is focused on building a supply of cobalt, nickel and recycled battery materials. It is engaged in the business of battery materials refining, including refining material from mining operations and from the recycling of battery scrap and end of life batteries. It owns two main assets: the refinery located in Ontario, Canada and the Iron Creek cobalt-copper project located in Idaho, United States. Its projects include Ontario Refinery, Recycling, Becancour, North American Nickel and Iron Creek. It is in the process of constructing its expanded hydrometallurgical cobalt refinery, assessing the various optimizations and modular growth scenarios for a recycled battery material (known as black mass) program, and exploring and developing its mineral properties. The Iron Creek Project consists of mining patents and exploration claims over an area of 3,300 hectares.


TSXV:ELBM - Post by User

Comment by copperisgold7on May 03, 2006 8:44am
148 Views
Post# 10784907

RE: I hope Michelle's Friend Doesn't Give

RE: I hope Michelle's Friend Doesn't GiveThe Canadian Prime Minister was also invited. What does that mean for Canadian mining companies. Silly worry, if I may be blunt. Chile has the longest history of a market economy in South America (does Venezuela or Bolivia have a stock exchange? I know Chile does because AUR just listed on it) and AUR is a respected player in that country. If anything, Chilean mining companies should get a premium to others in that region. If you sell a stock on track in 2006 for earnings near $4/share with cashflow close to $6/share and NET CASH around $6/share with growing production and declining costs going forward that it trading at a forward mulitiple to cashflow of about 3 for the reasons you outlined you probably are someone who shouldn't invest in the market and would be better served with the interest you gleen from your chequing account.
Bullboard Posts

USER FEEDBACK SURVEY ×

Be the voice that helps shape the content on site!

At Stockhouse, we’re committed to delivering content that matters to you. Your insights are key in shaping our strategy. Take a few minutes to share your feedback and help influence what you see on our site!

The Market Online in partnership with Stockhouse