RE:CREIt is a bit of a lame article and a 2$ target is way too light. Not very courageous at all.
But in general I would say that the Lithium sentiment is getting more positive. In spite of Tesla issues and North American EV demand drag (mainly pricing and infrastructure related) there is huge global interest and growth in EVs. Chinese EV companies are coming to the borders of traditional automakers so there is a lot of politics and competition that will play out soon. Much already is.
There is absolutely no reason this stock isn't currently at 1.50 and waiting for an announcement. Getting in now would be a great idea in my view. DYODD but it is still the most advanced, fully permitted, de-risked project in the region. An announcement is supposed to be in the near future. We know that. Engineering is being further refined and plan is still to be shovel ready for the summer and ready to go after a FID is declared.
Also, there are 28 drill hole assays that are still to come out in the very near future. In batches...
What it lacks is attention. That is more about the philosophy of management I believe.
Move quietly and set the scene before making a lot of noise and getting a lot of attention. It is their way.
That is frustrating because it is a story that SHOULD be known and proudly spoken of.
Quebec investors and media should be telling this story and others in the region with more excitement and detail and enthusiasm.
I am fully loaded and occasionally buy more when I am moved to do so.
I know others who are massive holders also.
Lithium moves on logic and emotion.
The logic of market growth and demand is there and is building back after a bad 18months.
The emotion will follow.
Emotions run hot when they run.
Go CRE Go!
HIBL