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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 wildman2on Jan 21, 2011 2:03pm
243 Views
Post# 18008531

RE: RE: RE: RE: RE: RE: Our Good Buddy Joe Yesterd

RE: RE: RE: RE: RE: RE: Our Good Buddy Joe Yesterdthat's a good point.  hope you are right. 

My take is though that their need to sell as always been outweighed by their need to let it run. The charts do back me up on that thought.  To let it run into the 50s it would have taken some buying, and they have always been sellers.

The accumulation theory could very well be a correct one.  Certainly, the consolidation period for this stock is about as long as I have ever seen.  Extremely rare that the consolidation takes this much time, and with so many false starts too.  The BB have been so tight at times, it is remarkable.  Right now, the range is extremely tight too. 
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