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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 newcomer21on Oct 30, 2014 11:11am
189 Views
Post# 23076598

RE:RE:RE:Hey Newdumber21

RE:RE:RE:Hey Newdumber21
This board, like many others I have visited, exihibits a remarkable optimism that is not warranted on an OBJECTIVE measure of the facts. Another PP is almost inevitable as the burn rate of any company that is seriously exploring business opportunities will ramp up and there is no revenue to offset expenses. After RBI, financing and raising nterest among private capital will be more difficult to raise. These are objective facts.

Optimistic and hopeful posters are whistling past the graveyard. They have been married to a stock for so long that they can't disentangle their feelings (loyalty conviction hope) from the objective facts.

What this board needs are the counter points. The conflicting point of view to round out the discussion, which is routinely hopelessly optimistic and naive. Do you want to talk about the facts? As I noted in my previous post, No PP for 18 months and a steady burn of cash during a deteriorating capital market due to RBI and the view that Lithium is not a hot commodity any longer.

BTW, there is nothing wrong with sitting on the sidelines and waiting for momentum to return to the stock. I sold my complete and substantial position (over 100,000 shares) about a month ago, just as RBI was going through its final throes. I am happy to sit on the sidelines and look for other opportunities. 

There is no place for loyalty in a small cap speculative mining stock. It is not a stock you buy and hold. You get in on momentum and get out with a gain. A "long and strong" investor in this stock is taking a huge risk that it will be devauled through dilution or worse. I find it painful to watch good and sincere people (but naive investors) lose their shirts.  




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