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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 Rockafellow2 on Nov 10, 2022 9:44am

Wow!!!!

That was a nice drop!!!
Never seen so many disgruted people on this news !!!
So what is $2.35 US + warrant in cdn$$???
...
...
Is Mel a genise or not?
Short on black mass production behind schedule....
Short on money to get job done ...
Short on promises ...
..
..
What's next up his sleeve? .... Bankruptcy???
Typical Canadian flop ... Bring in the Marines ....oh, oh. We don't have any .....
Comment by NatureBoy on Nov 10, 2022 11:38am
@Rockafellow2...I submit for your consideration that Trent Mell is NOT a genius, but rather a magician. Professionally trained as a lawyer, he has managed to refine slight-of-hand skills before a bedazzled investor audience, made literally millions of shares (and $) vanish before investors' eyes in the blink of an eye; all while waving a magic wand financed by shareholders encouraged to hang ...more  
Comment by Goldfather on Nov 10, 2022 6:07pm
Well said NatureBoy ! PT Barnum famously said " there's a sucker born every minute" ...... this stock price if I can remind everybody is now $.14 US before the reverse split pricing con game....... what joke… I am in soo glad I am out of this stock…( (made a few $$) --Trent  is a PT Barnum protg....... and for those newbies here -you might want to note that the price for the ...more  
Comment by Goldfather on Nov 10, 2022 6:22pm
Typo correction : " Trent Mell is a PT Barnum protege" 
Comment by 555rookie555 on Nov 10, 2022 6:53pm
It has been a long road indeed. I was a bag holder from the 2017 highs then doubled down and started trading a portion of stock on top of what I hold for the long term. I load up before good news and sell after the boosts. It helps offset the drain being experienced during this long project... I still haven't thrown in the towel - if the black mass recycling line works then revenue could be ...more  
Comment by Rockafellow2 on Nov 10, 2022 11:55pm
Rookie if you were in this stock in 2017 I remember it having sold at $1.45 + for a short time before falling like an apple from a tree. So at 14 cents today that's what a 1000% drop or more .... My math isn't that good ... But that's quit the rip off. Anyone in the same boat must be just as disappointed and I feel badly for you.  It's too late now looking back but yes I agree ...more  
Comment by 555rookie555 on Nov 11, 2022 12:39am
yes lol. FCC was my third investment choice. I caught it on the way up with about 100% gain on about $1000 investment haha. Then it shrank to $100 bucks or so but I kept following. I have since been learning lots about investing and realize a high risk portion of a portfolio is a good thing, managed well, but shouldn't comprise a full strategy. Everyone has different risk tolerances and ...more  
Comment by 555rookie555 on Nov 11, 2022 12:45am
I should add - a few months ago I did get frustrated and sold it all but then they landed an offtake agreement with LG and I jumped back on as soon as it made sense. Don't know the price of the offtake agreement but I saw it as inconsequential since it isn't ELBM's full capacity and it de-risks bankruptcy.
Comment by Blackbriar44 on Nov 11, 2022 1:19pm
Yes I average my shares out at .3845 before the "" NOT WANTED SPLIT "" and now I would have to wait for $6.925 per share JUST to break EVEN!! PT Barnum protege or school of completre rip off Sponsored by Bernie madoff, These guys who are operating FCC or ELBM now know only pushing figures to make it look good and then get their 100,000 pay packet and the amount of money they ...more  
Comment by Silverad0 on Nov 11, 2022 2:53pm
Blackbriar44 This really should have been a no brainer.  Seriously a NO BRAINER.  It made sense the reasoning was sound the market is there and like it or not EV's and E everything is being rammed up our butts.  So FCC was one of the best I could find to invest in.  I guess I am niave and a slow learner.  I think you are right Blackbriar that is exactly what is going ...more  
Comment by Starkicker on Nov 11, 2022 3:38pm
No doubt the amount of time and cost this is taking is ridiculous. China would have slapped a refinery like this up in about 36 hours. It's laughable. Also, it's just a refinery... basically a glorified gravel pit conveyor belt. That's why gov''t funding was a paltry $15 million while EV battery plants get $400 million. I don't want to speculate on future SPs and revenue ...more  
Comment by WernHerr on Nov 11, 2022 4:06pm
36 hours...? This is probably also the reason why there is no other refinery on the North American continent. Correctly? Of all these bashers, is there actually a single one who still thinks of ELBM as a company and an investment, or is this just pure hate speech now? Because then it probably makes no more sense to spend time and energy in this forum.
Comment by Starkicker on Nov 12, 2022 8:58am
That's my point. There is no other refinery in NA because there is no money in it...lol. And you need to look up the definition of hate speech. Expressing an opinion of a company's performance isn't hate speech. It's an opinion. HF.
Comment by 555rookie555 on Nov 11, 2022 11:42pm
Wasn't it Ausenco that did the refinery feasibility study? Whichever engineer it was I recall the margins were healthy.