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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 > Electra during economic downturn
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Post by Goatburner on Sep 30, 2022 2:47am

Electra during economic downturn

Interesting I've been invested in Electra for five years now. Not too much good to say about its performance. Despite all the positive catalyst along the way - it just gets sucked up by selling. Every positive catalyst has been lost and here we are trading at about 21 cents pre reverse stock split. As a local, I can physically see progress in building and adding to the existing refinery. There is no reason to think this economic downturn is going to rectify to previous highs anytime soon. It might be good to realize that the road uphill is going to be a long hard road that might take years to reach previous highs again. This is not the first time - history teaches us the road forward will take some time. .
Comment by Silverad0 on Sep 30, 2022 1:31pm
Goatburner.  This downturn is bad for sure and its world wide.  It has been caused by governments that are more concerned with getting re-elected at any cost than they are with any kind of prudent management.  Then the public elects idiots and incompetants like Trudeau and his ministers, demented Biden, woke socialists like the EU, on and on.  My point is we are in a real bind, ...more  
Comment by Rockafellow2 on Oct 03, 2022 8:49am
Your not alone buddy ... I think when they start processing black mass the results in January will start moving the sp up. This is a winner for 2023. No one has done much the last 5 years so cheer up.....
Comment by BelieverCo27 on Oct 04, 2022 3:15pm
Glad to see your last sentence GB. I've been with "First Cobalt" for seven years. It would be REALLY good if the folks on here that think shouting at Trent to hurry up and build that refinery....LMFAO, would stop to consider that it took TESLA 10 years to become profitable. They've been on the doorstep of bankruptcy more than once. The hurry up gang is honestly....well, its sad ...more  
Comment by Silverad0 on Oct 05, 2022 5:46am
Yes, I have said hurry up more than a few times and hope I don't have to make that same case again.  I first invested in FCC 4 years ago so I have been in this one for a while.  This is no Tesla and Trent is no Elon.  So keep laughing beleiver those of us that know business have your back.
Comment by BelieverCo27 on Oct 05, 2022 2:10pm
No sure what you hope to accomplish, Mr. Business. Knock yourself out though.
Comment by Goatburner on Oct 12, 2022 2:58am
Firstly, it's unlikely that you were here for seven years and you have such a low score according to Stockhouse. But apart from that, surely you realize that over the past 7 years - which is not true - but if you did you were absolutely stupid because the stock has only gone down and yet you hung on to a very underperforming stock. You could have did better anywhere that this. Your bank saving ...more  
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