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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Critical Elements Lithium Corporation is a Canada-based lithium 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 24.99 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. Bourier Property is comprised of over 304 claims with an area of 15,616.47 ha for over 30 kms. Rose South property consists of over 280 claims.


TSXV:CRE - Post by User

Post by brodanon Feb 24, 2010 9:41am
240 Views
Post# 16814160

News...DOS finds new Carbonatite Zone Rare Earth

News...DOS finds new Carbonatite Zone Rare EarthEFG's neighbor has found the goods.
I have been following this stock for a few years now.  I have made andlost money.  Uranium was the last killer on this one.  I really gotcaught up in the whole run and when the price of Uranium came off sodid all of my Uranium stocks.  This is now a different pony.  Whileeveryone is running around looking for these "Rare Earth" propertiesDOS has been sitting on one all along.  Now with this new discovery,and I quote the news "So far, one diamond drill hole to date on thetarget reached a verticaldepth of 190 metres and already 70 per cent of carbonatite materialincluding a continuous 40 metres of length of homogeneous whitecarbonatite has been intercepted."  we as shareholders and looking at aserious find.  Complete analysis will be forthcoming and if your notlong now.....well lets just say I don't think the share price will stayhere long.  35 million shares outstanding and 4.5 million hard cash inthe bank.  Why i say hard cash, well for every dollar of hard cash theDOS spends in the ground 0.50 cents comes back from the Quebecgovernment.   This one has more potential than most people realize.  Iwill continue to accumulate and wait for the final results of thisdrilling campaign.

Please do your due diligence
cheers

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