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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 wildman2on Jul 12, 2011 1:51pm
257 Views
Post# 18823289

Wildman here

Wildman hereI'm around.  Just not a lot to say that I haven't already said a thousand times.

6 to 10 billion dollar resource in ground going to be mined in 3 years with a market cap of 18 million in resource friendly Quebec as a part of Plan Nord with hydro and roads close by.  I suspect Lithium One and Nemaska who are in the same area are probably also going to share the mine to keep costs down for everyone. 

Even if you take a 25 percent minable, you have 2.5 billion in the ground with an 18 million market cap.  Recalculation expected soon and expected to reveal high end of 10 billion when done. But really, at 18 million market cap, what's a billion here or there?

For the newbies, there you go.  You don't see a positive risk-reward in that, then I really don't know what the point is of posting.

Two houses have sold us down from 1 dollar a couple years ago, then sold us down from .45 in the last six months. 

One house still sells (td) and another house (mineralfields under Anonymous) has no shares at his selling account, but does have shares at 40 and warrants at 75 cents.
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