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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 aatwalon Oct 21, 2010 10:56am
280 Views
Post# 17592815

RE: RE: EFG at 0.34 100% upside EASY

RE: RE: EFG at 0.34 100% upside EASYThis is a big deal in EFG securing now 100% of the property!  As per NI report (and what I mentioned yesterday) EFG made the intent in acquiring the property but had not executed it yet, and the other 15% was still in limbo!  This was one of the uncertainties I think the markets had, and why the share price was not reacting more positive!  This is great piece of news where EFG is 100% owner of this potential "world class" REM property!  They paid a fair market value for the other 15% based on the current market cap. of EFG...or in other terms got it for very cheap!!!
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