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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

Post by JoeyGColaon Nov 16, 2019 12:47pm
126 Views
Post# 30360340

106

106I think lithium prices would have to go above 106 within a few weeks to break lithium out of that nasty pattern it's been trading since 2018. It would probably mark 89 (end of August 2019) as the bottom of this long slide down from 155 back in january 2018.  

That being said, i think CRE is not doing too bad right now as it was trading at around 40 cents when lithium prices were trading at 102 (like today) back at the beginning of August 2019. Of course some of the difference should be attributed to the fact we were then testing bottom but still... I think that shows accrued confidence in CRE's project. Not really surprising given that they seem to be headed in the right direction. Let's agree we haven't heard bad news for a long time regarding CRE.

I still wish they would communicate more often though. Regular updates would be appreciated. Not impressed by their so-so communication strategy.  
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