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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 17, 2006 10:04am
317 Views
Post# 10867709

Teck, Xstrata Inco -- AUR in someone's sights

Teck, Xstrata Inco -- AUR in someone's sightsJust bought some more AUR today with some "new" cash. The stock could finish the year with NET CASH well over $5/share and is on its way to a near doubling of production at lower costs by 2009 and within 2 of the 3 best mining regions in the world. Does anyone not believe that a stock trading at a forward multiple to cashflow of 3 will not be on someone's target list. The above three companies have all made a corporate decision to grow by acquisition -- that is set and will not change. AUR will be on the list of both the winner and losers and the above battle. Buy with confidence and hold with conviction as we will finish the year in the upper 20s, end 2007 near $50/share and be at or over triple digits by 2009 after Duck Pond addition and Andacollo expansion (provided we are not acquired this year).
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