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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 baeon Nov 11, 2021 3:33pm
536 Views
Post# 34116567

RE:RE:RE:Red Cloud revised analysis CAD 0.80

RE:RE:RE:Red Cloud revised analysis CAD 0.80WernerD, IF you wondered how Red Cloud came up with this target, here is how they do it: most analysts use TA. below you find a link to my FCC chart and explanation how that's done.
It is a measured move using Andrews Pitch Fork shown in blue and green lines on the chart. It is a matter of connecting the low established Dec. 2020 with the high point of $ . 46 recorded Feb. 10, 2021 and low point $ ,255 Oct.04, 2021 giving a measured move of $ .34 adding that to                  $ .46+ $ .34= $ .80
My two bits, that does not include euphoria that will emerge giving final permits and a US listing and could propell FCC to much higher values.

As Marshall rightfully pointed out those that get cute often miss big moves and get left behind. 


https://schrts.co/AAreWcGi
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