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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 > Twitter chat CRE
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Comment by monkeyhere171on Apr 20, 2023 3:44pm
96 Views
Post# 35405975

RE:RE:RE:Twitter chat CRE

RE:RE:RE:Twitter chat CRE
Wheeler,
 
My reference is related to an article I read 2021 or early 2022 about SC contract price. Mind this was around the time when the price started to trend high. CRE will not be selling on the Spot Market in China!
Can't recall which company it was but no one has contract prices at US$4,000, period! Allkem was selling small quantities on the spot market like 50,000 tonnes (March quarter 2022 for US$2,218 for SC6%). That’s nothing compared to their total output for example.
 
Also, in the latest interview with Eric Z, he clearly said they will not be affected by the spot prices. 
 
What will affect CRE is the news that Ottawa will match the US in providing incentives for the battery industry for up to C$13B!! That’s how they secured VW to build the battery plant. Now these battery factories will need to source spodumene from North America and this little GEM is one of the few permitted juniors, ready to move to construction.
I say that news is the driver for our rally last 2 days, not the Spodumene spot price in China that stopped to slide down!
 
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