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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 24, 2006 10:34am
135 Views
Post# 10896149

RE: added a nice short today at 17.70

RE: added a nice short today at 17.70Fair enough, but I will defer to Campine's views on China demand as he actually lives there for half of the year (and common sense tells me that they will be going all out until their 2008 Olympics). As I said, if you want to short copper plays there are far better vehicles than AUR as it really is on track for earnings near $4/share this year and it really does have over $3.50/share NET CASH on the way to having over $5 by year end and it really is increasing production in 2007 with 100% owned zero cents/pound Duck Pond that alone should add about $1.50/share to earnings achieved without it in 2006. Fast money may be made on the short side but big money will be made going long; particularly with consolidation in the sector.
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