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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 wildman2on Apr 28, 2011 6:24pm
185 Views
Post# 18503446

RE: RE: RE: cedybear

RE: RE: RE: cedybearseeingeye, just be prepared to be patient.  The Joe timeline is the key.  We are doing our best here to monitor his sales and his ownership. 

I think 90 percent of the posters would agree that this is a Joe run share price without a doubt.  We have watched it for 6 months and the SEDI confirms the end of the rally each time is large share sales by Joe into the bid. 

The Joe effect is in full effect here, so our best efforts are being made to monitor his moves.

He has more coming on stream in May.  The market must work through his sales. 

It could happen in three four days if the market buys his volume, or it could be a slow steady painful exercise.  No one knows. 

My best case scenario is May rolls around and big money knows he is a seller and gets down to the business of some more 5 million share days like Raymond James day last week, then when Joe is done, the tant recalculation and then a pre feasibility and up and up higher we go.
 
That's the best case, the worst is big money remains patient for a lower price that an always impatient selling Joe will give them. 

Without Joe around anymore, then we can talk again about the plus 6 billion dollars in the ground of lithium and tantalum near highways and hydro lines in the middle of lithium one and Nemaska's properties and how CREs are surface mineral deposits easy to extract in resource friendly, politically stable Quebec and how that is all some of the most amazing news that a stock could hope for.

Amazing news, an amazing stock story that absolutely no one ever talks about anymore.  6 months ago, an investment letter said this stock should be trading fair value 6 dollars. 

Now all there is is the Joe effect.  But when the Joe effect ends, don't ever forget how quickly a stock story can change and the focus can change.  I have seen it a lot of times. 
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