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Electra Battery Materials Corp V.ELBM

Alternate Symbol(s):  ELBM

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

Post by aett258on Mar 07, 2007 8:59pm
186 Views
Post# 12376710

Very simple

Very simpleIf I were to tell you you could double your money in a few years I am certain all would so sure, whats the catch. There is no catch. Aur is currently trading at $20. This co is a cash machine even at $1.75 copper prices. In a few years after they double production they will have $20 cash per share. That is what they are trading today. It's that simple. I slept like a baby the last week knowing that this downturn is temporary and correction was needed. There will be more turbulence in the future, but the fact is that this money machine will grow and grow. In the long run this to me is a no lose situation. Short term you will have your ups and downs but the trend line is straight up.They have reserves for the next 20 years and that does not include properties like La Verde. I added to my spousal RRSP 2 weeks ago without thinking twice. This is not a pump but simply facts.
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