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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 Mathematikson Mar 04, 2021 12:42pm
211 Views
Post# 32715957

RE:RE:RE:Weak hands will always sell.

RE:RE:RE:Weak hands will always sell.The market will dictate the price, as it always does. I can't say with any certainty that the stock will extend its losses, just like I can't say with any certainty that the stock will be worth $20 per share 10 years from now (and anyone who promises you that they know which direction the stock will take and when is lying to you.)

What I can say is that if it does go to $0.27, I am going to buy as many shares as I can afford. My average cost is 19.5 cents, so I'm not going anywhere. I've been holding this stock since 2017 because I believe in what they are trying to do. Everyone called me crazy back then, but now that my thesis was finally vindicated in December when the Canadian federal and Ontario governments jointly invested $10 million in this company, those same people now want a piece of the action. 
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