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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 12, 2022 9:00am
176 Views
Post# 34677134

RE:RE:RE:RE:RE:CRE worth 8$ when it really gets in motion

RE:RE:RE:RE:RE:CRE worth 8$ when it really gets in motion

All this sounds right, but don't use the current share count. Remember, market is forward looking. If we use some dilution, $200M @$1.5  for example add another 130M shares and they will add warrants probably. So round up all to 350M shares we ars at $3.6/share with financing completed. Throw that CRE for unknown reasons lags behind peers and you go to the $2.5 which is still 100% gain from here. 

The issue for me is that CRE is not addressing how they plan to finance the project so no one is buying. Why would you buy now as you can buy with 20% discount from the market price (based on last PP)? Just look at RCK, they boldly put that no dilution and will be taking $500M loanes. It's a fairytale but everyone is falling for it as the only way in is to buy on the market and drive the price up. We saw that we CRE in November 2021 before management put the stick in the wheels

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