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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 > Yesterday’s action
View:
Post by Bluebron on Nov 05, 2021 3:07pm

Yesterday’s action

Anyone know a reason why we jumped so good yesterday and do you believe it will hold?
FYI I'm a long
Comment by Someguy on Nov 05, 2021 3:50pm
The ceo put pictures of them starting construction on twitter, institutions are buying in, the 3rd permit must be approved if they are stating construction, price of cobalt is high, nothern ontario just announced some new funding for industry, they are about to confirm government grants by the end of they year, they have finances to cover the build now. I can go on lol
Comment by Marshall on Nov 05, 2021 3:55pm
Until a formal release is out, we can only speculate as to why there was so much activity yesterday.  With the drilling going on at its cobalt-copper property in Idaho and the expansion - recommissioning of the refinery in Cobalt Ontario, anything is possible.  
Comment by Bluebron on Nov 05, 2021 4:00pm
I thought it could have been the construction as well but the pump was made hours before Trent tweeted about pouring concrete so if that's is the reason for them pump they're must be some inside trading involved no?
Comment by Someguy on Nov 05, 2021 4:03pm
nothing on sedar but im not sure how long they can wait to file insider trading.
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