Electra Battery Materials Corp V.ELBM

Alternate Symbol(s): ELBM

Metals & Mining Industrial Metals & Minerals

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

Electra Battery Materials Corp

Bullboard Posts

Post by aett258on Nov 30, 2006 11:21am

388 Views

Post# 11778453

Due for pull back?

If history repeats itself, we should pull back somewhat. Here is my previouse post from Nov 19th. Time will tell. "During the Inco/teck takeover month back in May, Aur was trading around $16 when M&A started. Between May 3rd and May 10th they climbed from 16.69 to 20.30 (closing balances) for a 22% increase. We closed at 19.61 on Friday. If history repeats itself we could go up to $23 to $24 over the next few days. Will it come down again from these levels after that? Maybe. Or will there be more M&A activity taking place which would involve AUR. Again, we know that Gill had talks with private equity groups. In any case AUR will be at $30 and then $35+ with or without a takeover. It's a winner no matter what."

Bullboard Posts

WINNERS of the COP 29: Siemens Energy, Plug Power, dynaCERT!