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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 mediascan59on May 25, 2011 4:41pm
192 Views
Post# 18624945

TA Update

TA UpdateEMA20 sitting at .21, MA50 at .23, so three resistance points at .20 (anons selling point), .21 and .23
Four nice candles in a row.
RSI waivering at 42 not know which way to go.
MACD and Full Sto say its going up.
Depth of the asks looks very thin and if Joe is about out of the equation, those resistance lines could disappear pretty quickly.
Fib lines are at .25, .28 and .31...so once again, lots of crap to have to wade through.
Imo, this stock has been beat up pretty bad and has definitely more than paid the price..
On the positive though, it is seriously looking like things are about to turn for this play and should start to climb back to more realistic levels over the next few months.

Happy Trading all,
Mediascan
Bullboard Posts