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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 manny9on Sep 08, 2011 6:35pm
412 Views
Post# 19024394

real value?

real value?  It's true there are so many variables when considering share price and the value of a stock.  The fact that the lithium and the tantalum are two elements that are in high demand.  There is always an increasing demand when you consider the population is increasing and there uses are as well.  When the stuff actually comes out of the ground in a few years, the price for each could increase substantially.  Much of the land @ Rose is still unexpolroed so there is a lot of room to increase the tonnage of the resource.  We know that the area is open to the north-east  so there is a lot of tonnage not accounted for yet.  With investing shouldn't the sp reflect not only what you do have but speculation of what you might really have. 
  If all the reports from the different studies are really positive, doesn't that give cre a chance at having many more offers from interested parties.  Wouldn't that also keep the shares outstanding down if you could do a financing at say 2 or 3 dollars.  Even though there is share dilution there should be more drills turning and a greater resource count to offset the share count.  As long as the money is being used wisely  it doesn't really matter how many shares are issued. 
  The important thing is you have a company with a massive resource and it's already proven.  There is no risk in being in this stock at this price.   I am also sure that they will be able to extract a really high percentage of elements out of the ground and the quality will be amazing.  The recycling of the materials should add even more value.  Then you look at the team JSL and others and you know that this is going to become a mine in due time.  I remember when CLQ got there valuations and estimates and the stock flew with only lithium.  I will enjoy the fourth quarter very much.  The value is there and the sp will follow.   
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