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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 > Agrees with diversification
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Post by Goatburner on Mar 28, 2022 3:39am

Agrees with diversification

One of the best post I read yet on this forum is the value of diversification. I thank that poster for reminding us of that truth. For some of us, not myself, Electra has been our sole investment. A potential recipe for di,,saster. I'm not saying at all that Electra doesn't have a positive future - in fact I believe it does. But caution tells us to be aware of our surroundings. I agree with many that the current ownership might not be the ones to bring this company to the finish line. Bigger fish are lurking for a smaller fish to swallow. Regarding a reverse stock split -like one poster mentioned - it's not so uncommon. At this very moment bombardier Canada is considering the same thing. No biggie here - a part of doing business - and moving the company forward. And it's not like Electra has no need of moving forward. It certainly does. It is stagnant - and stuck where it is. Fortunately, the leadership of the Electra long recognized that and proposed and got approval of a possible RS in the future. Circa December 5 2021 or thereabouts. Make no mistake, investing in the stock market - and I mean any stock at this time in history carries extraordinary risks and investments in any equities should be considered seriously.
Comment by Silverad0 on Mar 28, 2022 6:17am
Hey Goat. It's amazing how you keep beating that RS drum.   To compare ELBM to Bombardier is IMO an insult to ELBM and us shareholders. Bombardier existed due to government bail out after government bail out. RS is a move to create a false impression of performance. It's a BS move done by a BS company like Bombardier. I would not own Bombardier shares if you gave them to me.  ...more  
Comment by Goatburner on Apr 01, 2022 2:21am
How was the status quo working out for you? You're not going anywhere. Don't complain about somebody else's position - show us something better. Electra already voted positively on a reverse stock split if deemed as necessary. I voted for that as well. Trent Mell stated in an interview the reason why the stock isn't doing any better than what it has historically it's because ...more  
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