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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 Goatburneron Sep 03, 2021 9:35pm
547 Views
Post# 33813842

Epic fail!

Epic fail!That was quite a spectacle today. Acquiring financing is one of the most significant catalysts to move a new company forward. That did not occur today. Trent said just a couple days ago that this was going to be the most important catalyst of the year - oh yeah? It blew up. Almost five times normal volume today and you can bet a lot of them were buying - but despite the massive volume the dilution is so bad it couldn't even bump up the stock a couple cents. Disgraceful. I can no longer think of any future catalyst that will be successful. All that hype and we never went anywhere. Time to dump this dog 100%.
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