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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 Nov 23, 2022 12:40pm
195 Views
Post# 35122404

RE:RE:Real concern

RE:RE:Real concern

It's difficult to hold onto this and I have been very vocal about my mistrust with JSL!! Always have been saying that I'm very suspicious about them having a massive dilution plan to build their mine and  that's why my sell order was at $2.50!! Never had any dreams like some other members here about $8 or $10/share after permits!! BUT...
There is that BUT I listed to JSLs interviews right after the permit news and he convinced me to keep holding (my new sell order is in @$4) as he did say he will be looking for a deal at a fair market value. 

So doesn't really matter for me if this will be $2 or $2.5 as that's not near close to 50% of NPV. So I still mistrust JSL but will be stunned if fhey sell the Rose or make a deal around $2.5 as he would have lied straight out and he doesn't seem to be that type of a person!!

So as I said, the only break from this pattern is for CRE to announce a financing agreement way above the market value!! I'm holding and will be waiting for that in Q1 2023. 

Again no idea why they haven't promoted or said that they are in no rush... we won't know until all is over anyway so place your bets or take the little profits and move on. I definitely want to move on but after 7 years holding will force myself for another 4 months. If JSL doesn't deliver will be a big blow but as a former NMX holder who lost everything... what to say I had it worse before lol

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