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Elcora Advanced Materials Corp V.ERA

Alternate Symbol(s):  ECORF

Elcora Advanced Materials Corp. is a Canada-based vertically integrated battery material company. The Company mines, processes, refines and produce battery related minerals and metals. It is engaged in developing polymetallic mining deposits, such as Vanadium, Manganese, Copper, Tantalum, Nobium and some other rare earth minerals. The Company operates in one business segment, being the exploration and development of mineral properties. The Company’s graphite processing plant is located near the Ragedara mine in Sri Lanka. This facility performs four refining activities, such as grinding, flotation, dewatering, and product load-out. It has constructed its own graphene production facility in the Canadian city of Halifax, Nova Scotia to supply graphene.


TSXV:ERA - Post by User

Comment by Maxmoeon Oct 25, 2023 8:49am
153 Views
Post# 35699667

RE:Track record speaks volumes

RE:Track record speaks volumesThe Sri Lankan graphite was a great story. A tremendous opportunity in a country begging for a legit cdn or American partner with access to our capital markets. Very disappointing. All story, no substance. All hat, no cattle. All foam, no beer. All hammer, no nail. Etc. I never did conclude if it was bad luck, bad  management, bad idea, or what .  Mercifully I never bought it despite having a soft spot for all things from the maritimes. I can't see the Tunisian manganese being any different from Sri Lankan graphite/graphene but I'll keep them on my screen. I agree that presser was a bit bizarre with the lack of detail regarding what if anything ERA actually owns there and how the production and crack geologist team will be paid. Feels like we're being mushroomed again. Kept in the dark and fed manure. 
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