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Bullboard - Stock Discussion Forum 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... see more

TSXV:CRE - Post Discussion

Critical Elements Lithium Corp > A couple of things I noticed..
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Post by kakoo88 on Jan 19, 2021 9:23pm

A couple of things I noticed..

I thought I would share.

The update we saw today from the IAAC was actually sent to CRE on January 14.
LINK TO IAAC LETTER

The very next day Comex issued their press release dated January 15.
LINK TO COMEX PRESS RELEASE

It's almost like Comex were waiting for the federal government to confirm that the documents submitted to them were complete to move on with their process.
We don't see it directly, but all this government bodies are working together.

Our next step should be to receive the draft envronmental statement.

When looking at our neighbours (Nemaska) processing timeline, it seemed to me like they had to have a hearing on the draft environmental assessment that was issued to them.
Will CRE need another hearing or will the Pikhuutaau agreement  signed with the CREE nations of Eastmain play in our advantage. TIme will tell.

Another point I wanted to highlight is the comments from JSL on the last news release

The economy of tomorrow will be driven by strategic sectors, like the electric vehicles and batteries sectors. This vision aligns perfectly with our vision to become a large responsible supplier of lithium to the flourishing electric vehicle and energy storage systems industries. We represent perfectly sustainable development with our project that is, not only good for the environment, but that is good for the development of local communities,” concludes Jean-Sbastien Lavalle.


This comment really feels like it's addressed to the European Car Manufacturers of this world. I really think a company like VW could use some CRE mined lithium to wash off their Dieselgate scandal.

At this stage, we can only speculate and hope for the bext.

Cheers to all longs!
Comment by kakoo88 on Jan 19, 2021 9:39pm
Oops, sorry I meant to write our next step should be to receive the draft environmental assessment We already received the draft environmental statement and had public consulation on it. You can find the steps to the whole process at this LINK I believe we are at the end of Step 3. ------------------------------------------------------------------------------------------------------------ ...more  
Comment by BluePill on Jan 19, 2021 10:57pm
Thanks. So I am confused between the 30 days and 90 days timeline mentioned. Your thoughts?
Comment by kakoo88 on Jan 20, 2021 12:04am
That's a valid point you are making BluePill. My previous post might have created some confusion, sorry about that. What I understand is that at this stage - now that we answered all questions and provided all docs - the IAAC has to do the following: - Issue a draft Impact Assessment Report - Prepare a draft with potential conditions - Consult on the draft reports through different means ...more  
Comment by blowshigh on Jan 20, 2021 9:14am
Hi kakoo, All good observations and a fair assessment of final steps.  From my understanding, The Federal Impact Assessment Agency over see's and manages the process between the 3 agencies (The Federal Agency, The Province and The COMEX) They do collaberate and share information.  If trying to make a guess and figure out timeframe: When the Agency references (xx days) for a step ...more  
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