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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 27, 2011 10:03am
224 Views
Post# 18877656

Retrace and Joe

Retrace and JoeFirstly, if this is the extent of the retrace back to .205 and now taking a bid at .21, then that is extremely bullish for this stock. EXTREMELY.  Especially in a very weak market with the debt ceiling (risk off) fears.  If .205 is the retrace and we take out .23, well, I can't tell you enough how positive that would be on the chart.

As far as Joe is concerned, the news out now would be fantastic because Joe has no shares at his Pathways account.  He has to transfer the shares first, so we might have a window here when the news comes out. 

Joe didn't take the offer to be bought out remember, so he seems to value this company at least a little bit. (I"m setting myself up for ridicule here to suggest Joe values anything. LOL)

Anyway, I'm sure mediascan would tell you that if the retrace is to .205 from a 15 to 23 move and then we move thru .23, then the next leg up could be spectacular.   (that is if Joe can f-off for a minute or two.)
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