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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 > The natives are restless
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Post by Goatburner on Jul 25, 2022 3:04am

The natives are restless

Good morning all. I've been coming here for 5 years and I have to admit this is the most negative I've seen in this particular forum. I feel it incumbent on me to remind everybody in this forum that there is very little satisfaction with performance in virtually all segments of the stock market at this point in time. These are unusual times as we all know. Market forces outside of most CEO direction are at play currently. All CEOs of every company in every sector are feeling enormous pressure. What part of this are you not getting? To single out Trent and staff for failure to perform is ridiculous. Trent and the leadership are doing their best under extraordinary circumstances to lead us through the fog of a very stormy time. Cut them some slack - they are very experienced and working 24/7 to mitigate as much of the current challenges presented to them, be grateful that you are not in their shoes. Well we all have a to our opinion - most of us, including myself do not have the educational or experiential background in finance that the leadership of Electra possesses. Sleep well. You are in the safest hands that you're going to find at this moment in history. Good luck to all of us.
Comment by Silverad0 on Jul 25, 2022 7:18am
Goatburner you are too kind!  The reverse split has been and will continue to be a disaster.  I don't think this stock will ever recover from that I'll advised move. There was no need for it. A head or two need to roll over this.  The other thing is cash flow. Get on it guys because the burn rate is now quite high and it would be preferable to pay salaries our of cash flow ...more  
Comment by dothemathpeople on Jul 25, 2022 10:58am
 "they are very experienced and working 24/7 to mitigate as much of the current challenges presented to them, be grateful that you are not in their shoes' They have zero experience doing what they are trying to do.  Trent et al have never attempted or completed anything like this b4.  So to say they are very experienced, maybe at something.  Not this. Grateful? Um ...more  
Comment by Starkicker on Jul 25, 2022 1:40pm
Let them be restless. The stock market is a transfer of money from the impatient to the patient.
Comment by cashworx22 on Jul 25, 2022 3:06pm
This post has been removed in accordance with Community Policy
Comment by 17Digger on Jul 25, 2022 2:16pm
Goatburner Management cut our share price, and you ask us to cut them some slack. Is that your idea of a fair trade? I think cutting a manager is more a appropriate solution to preventing such further stupidities. xxx
Comment by MrGreenIT on Jul 25, 2022 5:00pm
Agreed. Remember there is a crystal clear plan layed out for what the company is currently doing. The plan involves significant financed cash burn now and then new revenue with steady runrate and profitability in 2023. The plan involves 4 phases. Everyone is working on the same plan and SURPRISE it is working. Reportedly they are still on schedule and on budget. So stay calm and watch in awe as ...more  
Comment by NatureBoy on Jul 25, 2022 7:38pm
Welcome to the group, MrGreenIT. Your inaugural posting today is, I'm certain, welcome assurance for many. It is well scripted to address several issues of concern for many here. Though joining StockHouse only today, your insight into Electra's 'game plan' seems to infer that you have followed the company's development for some time...Or perhaps accepted a new position. No? In ...more  
Comment by MrGreenIT on Jul 25, 2022 9:05pm
Thanks for the welcome. I'm brand new to posting on this forum but long time reader. I am fully retired from a long career in IT and developed a love for making green going green. I have been following ELBM for years and yes I own and have been accumulating ELBM shares. I also started and moderate a SubReddit under the same name shortly after First Cobalt's name change.  I believe in ...more  
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