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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corp is a Canada-based mining exploration company. The Company is engaged in the acquisition, exploration, development and processing of critical minerals mining properties in Canada. Its projects include Rose Lithium-Tantalum, Rose North, Rose South, Arques, Bourier, Dumulon, Duval, Nisk, Lemare, Caumont, and Valiquette. The Rose Lithium-Tantalum property consists of over 473 claims covering a total area of over 246.55 square kilometers (km2). It lies in the northeastern part of Superior Province, within the Eastmain greenstone belt. The Rose North property consists of about 31 claims covering a total area of over 16.14 km2. The Arques Property is composed of one block totaling around 136 claims covering an area of 6,840.93 hectares (ha) over 18 kilometers (kms) in length in a Southwest-Northeast direction. The Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. The Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Comment by OptionsMasteron Feb 08, 2010 1:47pm
450 Views
Post# 16763184

RE: pretty subpar results

RE: pretty subpar resultsIMO lithium is so new nobody even knows how to interpret results. EFG had subpar results that most other guys have released in the past - only difference is EFG was well promoted as it was a tightly held company with very little shares out. This time the investors lose as management sold huge positions to the public.
End of the day, most of these Canadian wannabe plays will fall by wayside - TANCO is one of the largest lithium/tantalum producers (Li2O) and (Ta) and has been for 20+ years. Why on earth would anyone else produce lithium purely at $4000/tonne?
Look into Argentina Lithium (type that in google) and see Magna and Toyota in deals that make sense...lithium from brines. 
Heck, even Lithium One has moved on from Pegmatites - it's a nice way to get your news releases to mention lithium, but nothing more.
High grade at 3-4%? Look at Galaxy in Australia, their pegmatite mine is in China and funded by PE group Creat for $65 million...where labor is like $2 a day for most workers. That won't happen in Canada.
Real plays:
TNR, CLQ, WLC, LI, RM
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