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Bullboard - Stock Discussion Forum Electra Battery Materials Corp. V.ELBM

Alternate Symbol(s):  ELBM

Electra is building North America’s only fully integrated, localized and environmentally sustainable battery materials park, which will host cobalt and nickel sulfate production plants, a large-scale lithium-ion battery recycling facility, and battery precursor materials production, to become a reliable supplier to both North American and global EV and battery supply chains.

TSXV:ELBM - Post Discussion

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Post by ustocks on Apr 21, 2022 12:32pm

ELBM

due to the high shareprice the little retail investors are not coming back (see the low volume since the 1/18 conversion.a market correction ,which is starting now could see the shareprice drop like a stone.

resigning of the CFO  opens the door to serious questions.

$3  is not out of the equation  imo

dyodd
Comment by DoekeGouda on Apr 21, 2022 12:39pm
Crystal ball again Ustocks???
Comment by ustocks on Apr 21, 2022 12:55pm
that`s the stockmarket  and we are all just guessing where the road leads us,some are euphoric others just realists.
Comment by TennisStar on Apr 21, 2022 1:32pm
certainly you are not a realist but a troll. you've been wrong and wrong again for so long...yet you still post pure ignorance. stupid people like you will die alone. lol.
Comment by ustocks on Apr 21, 2022 1:39pm
we all die alone,  no matter what your bank account says. your response shows how insecure you are about your investment choice.
Comment by dothemathpeople on Apr 22, 2022 6:55am
NO different than your own history T Star.
Comment by Starkicker on Apr 21, 2022 1:32pm
Okay, but the company's valuation hasn't changed. Curious why you think the SP would drop back down to the equivalent of 15 cents when it was at around 30 for almost a year. The project is fully funded, more agreements have been signed, and everything is on time and on budget. Not saying it won't go to $3, but would like to hear your reasons why you think it might rather than just ...more  
Comment by ustocks on Apr 21, 2022 2:04pm
just basing my opinion on the direction of the TSX
Comment by WernHerr on Apr 21, 2022 2:08pm
Starkicker@ You will not get a well argued and comprehensible answer from ustocks. It's never been his thing.
Comment by Hempminister on Apr 21, 2022 7:30pm
Who do you think paid for cfo package . We the share holder . Hence the 18 to 1 out at 5.98 See you all again at 1.50
Comment by WernHerr on Apr 22, 2022 3:59am
Hempminister@ The markets have sold everything that went well in the last few weeks. UEC (Uranium) lost slightly over 15%. But nobody left the management there. Furthermore, gold mines fell etc... You should not lose sight of the broader market. I find a forecast of CAD 1.50 a bit daring, especially if it doesn't seem to be supported by any arguments.
Comment by Rockafellow2 on Apr 22, 2022 10:51am
I beg to differ on ur statement 100% funded ... As cfo stated on 51 % funded to date with possible 70% next month ... Still 30% needs filling thus more delution coming.   Just my view on this ..
Comment by SimplyRunRig on Apr 22, 2022 11:45am
Check Trent's latest tweet. https://twitter.com/TrentMell/status/1517321305762193410?cxt=HHwWhICzgYjszY4qAAAA 100% funded.
Comment by Starkicker on Apr 22, 2022 2:26pm
Yes, you're right. Thank you.
Comment by WernHerr on Apr 23, 2022 3:42am
Starkicker, Rockafellow2@ I can't find such a statement by the ex-CFO anywhere. According to the latest release on April 21, 2022, 52% of the total budget set for the refinery to start up has been spent so far and this spending is expected to increase to 70% by next month. In addition, work on the refinery is on schedule. This means that 30% of the budget for expenses related to the start ...more  
Comment by Jordsword on Apr 23, 2022 10:25am
You are correct sir. The other two are mistaken. This stock is holding up well considering broader market conditions. Volume has increased since the split and we can look forward to the Nasdaq listing. Personally, the exit of the CFO doesn't really bother me. Trent will find another accountant. It will be interesting to see if he sells his shares though. He stated that he intends to be a long ...more  
Comment by WernHerr on Apr 23, 2022 3:52am
Starkicker, Rockafellow2@ For you: https://mobile.twitter.com/TrentMell/status/1517321305762193410?cxt=HHwWhICzgYjszY4qAAAA If you do not believe in the management of the company you are invested in, rethink your investmend twice...
Comment by dothemathpeople on Apr 23, 2022 10:43am
Which CFO? The outgoing one, or the incoming one?
Comment by Silverad0 on Apr 21, 2022 2:12pm
ustocks why do you bother?  I am on the record as being against the split.  It happened here we are.  If you are that unhappy or that negative about ELBM then do us all a favour and move on.  I could have sold pre split and made a decent return but I beleive in the Company and it was an easy decision to stay.  The SP is going to go down more.  After our exposure to ...more  
Comment by 17Digger on Apr 22, 2022 10:17am
I am glad the CFO is gone after this flop. Someone there should be held accountable for this 18 for 1 boondoggle.
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