A synopsis of CREI'm going to repost this because a lot of things are getting discussed here, but the actual reasons to invest in the company are kind of getting by-passed.
This is a recap of why CRE is a smart investment.
Tantalum: used in ipads and other tablets. Growth industry. 80% of world's tantalum in conflict-zone Congo is legislated in the Dodd-Frank bil for illegal use. China net importer so tantalum is one REE that they don't have.
Lithium: used in hybrid cars and electronics. Growth industy again.
CRE price targeted at 7 dollars last September. (it was. like it or not, it was 7 dollars fair valued)
CRE 10 Billion with a B resource proven and inferred.
CRE market cap 30 million.
CRE 400 percent increase in Tantalum in recalculation today.
CRE 330 percent increase in Lithium in recaluculation today.
CRE huge recoverable number for both TA and LI of 70% Tantalum and 64% lithium
CRE open pit mine. (planned in news release)
CRE mine open in 3 years. (planned in news release)
CRE environment study and pre-feas study in progress.
CRE mine in Quebec -in the middle of Lithium One and Nemaska. (my speculation: They will do a buy in on CRE's mine. Bullish.)
CRE roads and hydro close by already.
CRE benefactor of Plan Nord by Quebec government to fund high quality Quebec resource projects.
CRE Stock high 1.03 on initial drilling results and grab samples two years ago. (stock all time high 1.03 before any the increase in resources in some 150 drill holes)
CRE strong cash position. Also awaiting 3 million dollars from BNT for half gold stake in BNT buy out of CRE.
CRE also a holder of REE property in BC.