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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 > Flip flops should only be for the beach
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Post by Goatburner on Jul 08, 2021 2:29am

Flip flops should only be for the beach

Good morning all. I see the frustration level mounting. The troops are grumbling - I get that- as ex-military personnel. But we have the soldier on - whatever that means for each individual. I have to admit I'm turned off by so many flip-flops in the direction of first Cobalt. Initially, FCC envisioned mining Cobalt in the Cobalt camp of Ontario and processing it at the refinery - still not under construction. Then we became an importer of DRC Cobalt. Which in no way supports a North American supply chain. Then, we decided to become battery recyclers, arguably the most noble thing heard yet. Now we want to be nickel processors, which was always the most logical thing in the first place - lots of nickel here! It just seems to me that FCC has a severe identity crisis. As much as I've loved my time here - and I will still keep a small investment here - the majority of my money has moved on to companies that have a more stable vision of where they want to go. I will keep checking in from time to time to catch up with some of the good people I met here - there are several other interesting companies that share my vision of investing in Ontario - Northern Ontario in particular, that have more focus than that exhibited here. Best wishes.
Comment by Silverad0 on Jul 08, 2021 5:30am
Well goat you share my sentiment.  This is a classic all talk and no action stock like so many out there.  I am very disappointed in what could have been by now a $2.00 stock.  JUST DO SOMETHING Trent .  Get the lead out, and JUST DO SOMETHING!
Comment by VanderVader on Jul 08, 2021 7:05am
not sure what you want them to do differently from what i can see, they need to show investors what the total cost of the refinery will be, which means they will probably dilute shares with another round of financing. wass hoping this would move towards a dollar before that happens as well   still, the volume looks good coming into this morning so gl to all
Comment by NatureBoy on Jul 08, 2021 8:49am
Yup, Silverad0...agree.  We're stalled in the passing lane; some of us looking for the next exit. JUST DO SOMETHING!
Comment by Goldfather on Jul 08, 2021 10:52am
we'll at 24 cents usd.... his  RS sure is dead ! 
Comment by NatureBoy on Jul 08, 2021 4:29pm
You have that right, Goldfather. RS at 24 cents USD... not in the cards.
Comment by Starkicker on Jul 08, 2021 11:42am
Identity crisis or diversifying for the future?
Comment by Jordsword on Jul 08, 2021 11:50pm
From what I see, the crisis lies with the individual investor. Those who have an average cost in the 30's are currently blaming FCC management for their frustrations, while those with a much lower cost are sitting pretty and content to wait for the next leg up. Then there are the bashers who have been short since the teens and are desperate for this thing to fail.  FCC is on a path, the ...more  
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