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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Metals & Mining Industrial Metals & Minerals
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

Critical Elements Lithium Corp > Cup n' Handle On A Weekly Chart
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Comment by Wheeleron Nov 06, 2022 11:05am
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Post# 35077220

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

RE:RE:RE:RE:RE:RE:RE:RE:RE:Cup n' Handle On A Weekly ChartThe simple rules of supply and demand will always reign. If there is under supply, price will rise. However there is a point of diminishing returns at which if the price is too high, it will reduce demand. Will it crush demand, I doubt. However, I do expect the current price of lithium to slide a bit in 2023 simply because it is extremely high now. That is not a good argument and a lot of better minds and mine do not see any reason why the price will not go higher still. That said, I do not expect it to drop to levels that would make decent projects unviable.
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