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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 May 24, 2011 7:28pm
247 Views
Post# 18620322

RE: RE: TA Update

RE: RE: TA UpdateI think he is basing it on a post that I reposted from last week. 

If it is, then it is my fault.  The 4 million total was last Tuesday or Wednesday I believe and I agree with your assessment of shares as it stands now.

However, it is always difficult to know how this all plays out shares wise.  My best guess is 1 million ish.

For me, as I have stressed before, the important thing is the number of shares Joe has left is now managable. 

It is a good day's worth, and when it is just a day's worth, it is at the place where you better be careful because this day could be the day that it finally does not have someone killing a rally.

I think the BIG day when it just flies is going to be the tantalum recaluclation day (if Joe is gone completely on that day) because that will be a news release where the entire market does a 'holy crap, they got how much proven?" and "the market cap is how much?"  and 'What the..... buy it now".

The company has been sitting on this tantalum recalculation for a while and they are going to combine it with a proven resource lithium too. 

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