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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

Post by Rinny1on Sep 04, 2023 2:47pm
190 Views
Post# 35618944

CRE Why the SP so low

CRE Why the SP so low
It’s a mix between low volume and people selling. Here are my thoughts why: 
 
Investors are tired of waiting: Rose has been in development since 2010, investors has come and left. 
 
The +5 years to get the permit put a rug over $CRE $CRECF while other exploration projects in Quebec have had exploration success and been engaging the market through promo.
 
inaccurate investor assumptions on project quality based on grade, poor understanding of tech grade spodumene and it’s premium pricing, and how a high purity resource affects costs
 
Poor understanding of the scale and the underlying exploration package they control

 
As they move closer to production, and de-risk by securing a low-dilutive financing, I expect it to re-rate significantly.

Buying will improve 
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