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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 manny9on Jul 19, 2011 12:36am
248 Views
Post# 18845365

RE: Market Trend and Question

RE: Market Trend and Question  In response to one of your questions, BNT has the money to pay CRE @ anytime.  The PP money will be used mostly to cover drilling and expenses.  On the BNT board someone posted that BNT owns 7 million Bowmore shares BOW.v.  It's close to it's 52 week low but the share price is above 40 cents.  BNT will pay CRE when it wants to own all 100% of the property.  They will do it when they want their share price to run up, maybe after the 4 month holding period for the recent PP.  They have till the end of the year to pay CRE or they will get another extension so it's really up to BNT to decide when it's best for them.  In the long term I see CRE getting the money but I don't like how it drags on either.  It creates a cloud of uncertainty but the people holding it down want that.  It's your choice to hold or sell.
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