Critical Elements Lithium Corp V.CRE

NR's that count

[tinker901]

Well, we can blame inflation, the war or interest rates but it is clear for me that what counts is the projet green light.

And there are two steps left. The freaking provincial permit and the money to build (from our partner).

Anything else is just bumps on the road. It seems that a huge part of the CRE shares are in the hands of longs that do not intend to let go and that explains the poor volume we are getting. 

It is sort of the chicken and the egg paradox. The shares have to change hands to get volume (and momentum), but if longs are holding on the SP does not move.

The way out is new blood. I am totally against dillution, but maybe with permit and partner in hand, dilluting another 50 to 100 million shares could be the answer.

Any thoughts on that guys ?

[Wheeler]

We're in a bit of an unusual situation here and when the time comes I don't think we're going to follow a typical pattern out. I think the permit will bring a lot of volume and a quick SP jump. As the management keeps saying, we'll be in for an"re-rating". It's no secret that our SP has a lot of ground to make up and everyone knows why. But our SP is not suppressed

[tinker901]

I am hoping that you are right, but I am rather an old school investor and for me it is always about "follow the money" CRE has to put out dollar signs : Partner is putting up 50% of the 360 million USD for the build and then institutional buying in for 25% and to finish the last 25% can be part bank loan and part dillution. We do not know at the moment if the potential partner will go

[Wheeler]

I'm hoping I'm right too Tinker but I probably won't be because I'm usually not. That said, I think the permit will be a greater catalyst for us than a partner/ financing. Management believes they can get a deal whenever they want it , and I agree. As a fully permitting, high purity spodumene mine in Canada, we will have loads of potential partners to choose from. That has been

[tinker901]

Well, the federal permit turned out to be what we french guys call "petard mouille" wet firecracker. So even if we had a 4 billion dollar reserve, it still does not say that it will be financed. I know that it looks like a no-brainer with lithium prices and demand so high, but as you can see, even our revised FS that tripled our value, it did not do that much for our SP.

[Wheeler]

I don't think anything will do much for our SP, even a partner, until the risk associated with our current lack of full permitting is eliminated. Jmho 

[110158]

Almost a year ago I wrote that nothing would happen without the final permit. It was like I was a spaceman. After I wrote that the volume would prove everything. Last week I summarized what management had as actions of the company and what they were doing with those actions. Despite the recent update no volume. In the last three months only twice there is more than a million volume.....it does

[monkeyhere171]

Time wil tell if what I was warning was right or not! I have noted that I have resolved to make any significant gain here and just look to make 100% from here and jump the ship to other opportunities! Pointed many times that it's not permits or FS that will raise the stock price, it's assurance from Management regarding dilution! You guys think that there are no smart people out there