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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 > Santa Claus Rally?
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Comment by UlyseesConstanton Dec 11, 2023 4:42pm
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Post# 35778706

RE:RE:RE:RE:RE:Santa Claus Rally?

RE:RE:RE:RE:RE:Santa Claus Rally?LIthium prices have collapsed by 75% since early summer. (<$20,000/tonne)

Strategic partnership discussions drag on.

Tax-loss selling will exacerbate the short term selloff and stock-price collapse (we're nearly 70% off highs). 

Debt financing could be crippling.

Hope is not a strategy. CRE needs a strategic partner soon otherwise they will remain an exploration play for years. CRE may announce their summer (2023) sampling results in the next ten days or so which,  if positive, may keep heads above water. With only $25-30MM in working capital they will need a partner to infuse a boat-load of cash soon to fund the development and CRE wiil concurrently need go to capital markets with a debt/equity structure that interests stakeholders.





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