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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 Wheeleron Nov 06, 2022 10:56am
229 Views
Post# 35077204

RE:RE:RE:RE:RE:RE:RE:RE:Cup n' Handle On A Weekly Chart

RE:RE:RE:RE:RE:RE:RE:RE:Cup n' Handle On A Weekly ChartMy opinion - We will most certainly see a recession in 2023, it will not be as bad as 2008 housing market crash, but Global stock markets will all be affected, however, the price of lithium will remain strong. The price of lithium is now being driven by demand for EV's, supply will remain in deficit, simply because for the time being electric vehicles are for the rich. And rich people will not be as affected by a recession nearly as much as the rest of the world. When lithium supply increases and the price comes down to more sensible levels the price of EVs will also drop and they will become more affordable for the common man. Hopefully by then we are through this recession. I did not come up with this theory on my own, Joe Lowry, Howard Klein and Rodney Hooper all seem to agree and I am just paraphrasing what I have heard them say on their podcasts. They support this theory by the fact that despite record inflation, wait times for EV's continue to grow longer. Personally I can't wait to buy an EV, regardless of the sticker price it will cost a driver less in the end, $2.00 per litre gas is not manageable for anyone who does any amount of driving. Add to that all the regulations that are coming worldwide which will force manufacturers to go electric. Recession or no recession the electrification of transport is underway, it is in its infancy, but it is started and CRE is going to do very well. Jmho
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