Critical Elements Lithium Corp V.CRE

Drilling

[rockhound01]

All of the posted discussions are very important but I haven't seen much in regards to drilling. According to the most recent press release (see below) drills are turning. There's always anticipation and buying when the drill is in the ground but the recent price surge may have something to do with some good looking core ;)

The NAV is already at 1.9 Billion and with the drilling out of Rose and the other excellent looking prospects the tons and dollars could add up quickly.

"In addition to the commencement of surface exploration programs, Critical Elements is pleased to announce it has received drilling permits for the Rose projects. A diamond drill rig has already been mobilized to the Rose project and drilling is underway."

[monkeyhere171]

The run up is most likely related to the deal reached by Democratic U.S. senators to back a bill that includes an expansion of tax credits for electric vehicles produced in North America. As already noted CRE is not the only one having a good day as Canadian miners can now supply Americans EVs and they will qualify for the rebates. What is interesting to see if we can catch the momentum with

[tinker901]

Rockhound01, It is very doubtful that it is related to drilling. At best, they sort of just started and they do not send core to the lab everyday. Lab results often take months to get back.

[Openroads]

Thanks Tinker, I've been around the block for eons in and out of the field. Seasoned drillers and geologists have a good sense of what they're looking at especially in relation to the type of rock that CRE has been dealing with for ages in the same camp. They'll have a good idea of things once core starts coming out. Drillers and others have made small fortunes throwing money at low

[Speedypete]

Nice post.   Absolutely 

[tiger2201]

It's good to see CRE is in big green. The drilling results will help our SP but not a big way.  I don't think we will see the drill results within the next 2 months since the drilling is just started.  The major catalist is the PERMIT! tiger

[Rinny1]

Will be nice to see the SP over 2$ before the provincial permit released !!! great to see the new EV grants in the USA Canada to follow..

[Speedypete]

2 bucks   Then the permit, then partner,  then triple then NAV with some incredible drill results.....  You longs know the rest     Cheers

[Speedypete]

And do it in short order too dammit lol