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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

Comment by mediascan59on Dec 22, 2010 9:12pm
156 Views
Post# 17886183

RE: RE: RE: Irreplaceable Tantalum

RE: RE: RE: Irreplaceable TantalumOk ok, so its only me on here tonight while I wrap presents.
I recall some earlier calcs where what is in the ground equated to somewhere around 3 to 4 billion dollars, which equates to 33 to 40 dollars per share looking at the outstanding shares today.
Of course there are costs and this would take place over years, but then again, when you look at company's share price, if there is some future potential, you would give a a typical multiple of 14 times.
The numbers become mind boggling and so rediculous that it gets silly even posting about it.
Double, triple, quadruple the amount of shares going forward and you still have a $10 plus stock.
....31 cents??!, sure seems odd.

Mediascan
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