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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 monkeyhere171on May 04, 2022 2:03pm
147 Views
Post# 34655730

RE:RE:RE:RE:RE:My new short term target is 5$

RE:RE:RE:RE:RE:My new short term target is 5$
All I'm saying is that there is a reason why no large buying is happening here - as the big fish expects that there will be significant dilution and they can obtain the millions of shares (and warrants) at that sale, not thru the open market. The story behind RCK and FL is that there is no major dilution event coming soon ( and RCK promotes loan as a funding source, not dilution, yeah right..) and you have to buy on the market.
We saw Nov 2021 how the price started to run up, but since the PP, there are no buyers to be found. Don't get me wrong, if this puppy hit $5, I can retire my mortgage and will pray for all of you to be correct, and my analysis wrong. However we are discussing expectations, so we have the opportunity to make our trading strategy. 
Just look back at the federal permit price action - barely made it to $1.6 and went back down right after, and that was a good de-risk factor which was completely ignored by the Market.
 
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