Post by
Goatburner on Dec 13, 2021 3:43am
Irony and Electra
Good morning all. Hope everybody is doing good and staying safe. We are approaching an anniversary - some of you may know it - but newbies will not. On December 16th of last year - Electra made its biggest gains regarding stock price in one day. This was due to the announcement that Canada and the province of Ontario would be issuing 5 million dollar welfare checks each to then FCC for the advancement of the refinery in Cobalt Ontario. The stock went over $0.40 that day. Since December 16th 2020, we've had many many announcements - all of them promising and encouraging. But still, the stock is 25% - approximately - lower than it was on December 16th last year. Every single positive announcement in the past year has been lost due to dilution. This must be rectified. Things must change. We need a reverse stock split and we need it now. It matters not that some of you don't like it - but it's something that has to happen in order to right this floundering ship.
Comment by
stockdoc73 on Dec 13, 2021 4:14pm
Enough about the stock price, already. One of the basic fundamentals in equity investing is to look at management and make an assessment as to whether or not you trust them to run your business. If you do not have that trust in management or have lost it then sell your position and move on. Why are you even holding on to this investment when you feel this way?
Comment by
Minlog on Dec 14, 2021 11:23am
I hope Electra will provide us with a couple "catalysts" for Christmas.
Comment by
TennisStar on Dec 14, 2021 7:01am
LOL - You haven't heard the announcement before. Perhaps you should go to the corporate site and look at the announcement.s. You sound a bit lost. They are still on track and on time...are you struggling with that? Seems you are lost in a void of information...you created yourself ;) IR is an email away as are boatloads of information. Happy research internet guy ;)
Comment by
dothemathpeople on Dec 14, 2021 10:32am
Any truth to the rumour that Trent Mell might resign in 2022?
Comment by
dothemathpeople on Dec 14, 2021 10:39am
Look at the last company Trent headed up...he left 5 years ago, similar story to FCC/elbm, "we are gonna build somthing great". Five years later, bubkis. STILL raising money for it. Falco gold? FPC/FCC?