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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 23, 2022 3:19pm
235 Views
Post# 35123031

RE:RE:RE:RE:RE:Real concern

RE:RE:RE:RE:RE:Real concernThe lower our market cap, the lower our share price. The lower our share price, the more shares we have to issue when we finance. The more shares we issue, the more dilution. The more dilution, the smaller the percentage each share represents of the market cap. Or in other words, the less percentage of the company each shareholder owns and consequently less money that we make. I don't know if the company is able to make a deal based on NAV alone, if that is the case then we will all be fine. However if they plan to issue shares based upon current share price, then that would suck for us all. It's time for the company to start pumping the story, so we can inflate the share price a bit. Many of us here expected a lot of selling after the permit news and we were not wrong, hopefully that will die out a bit now and we can start making some gains.
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