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Bullboard - Stock Discussion Forum 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... see more

TSXV:ELBM - Post Discussion

Electra Battery Materials Corp > GM Canada announces tentative deal for $1 bn EV Plant Ont.
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Post by NrthrnInvestor on Jan 17, 2021 10:37am

GM Canada announces tentative deal for $1 bn EV Plant Ont.

GM Canada announces tentative deal for $1 billion electric vehicle plant in Ontario



https://www.ctvnews.ca/business/gm-canada-announces-tentative-deal-for-1-billion-electric-vehicle-plant-in-ontario-1.5269550
Comment by Barrhead on Jan 17, 2021 3:33pm
This good be a full start production in relatively short time frame, with Bidden and Truduea controlling the Greeen movement in North America. In the meantime when you cross over the Mexiccan border in a view from 30-40,000 ft in the air, there is a distinct boundary of smoke emissions in that southern country. When flying over China  the same thing can be seen from 30-40,000', smoke ...more  
Comment by AaronEggs on Jan 17, 2021 4:02pm
If they're going to continue to dilute to fund the plant then this is not a buy anytime soon, if they dikute further we'll see similar action on the share price like we saw this week, they will be announcing a reverse split which is, as any company that does a reverse split, another hit to the share price. I'm not bashing I've just seen lots of companies do these funding rounds ...more  
Comment by Toront on Jan 17, 2021 4:37pm
I think everything will be fine for FCC
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