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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 shelbson Apr 09, 2012 5:16pm
181 Views
Post# 19773215

RE: RE: Weak Market

RE: RE: Weak Market

Yes I agree Goodtoreadthis. Yahoo, I get what you're saying. Except we are a speculation stock right now. That being said, if we do come out with BNT money, metallurgy results, evironmental study results, and an off-take agreement, we will rise very dramatically IMO. The tanatalum and lithium prices will absolutely effect us, but not until we are producing lithium and tantalum as a functioning mine. 

 

I understand where you are coming from, but I don't think the microscopic swings of tantalum and lithium prices have much correlation with our SP. If this was the case we would have risen when the rare earth stocks were spiking. There might be the odd investor who uses tantalum and lithium prices to determine whether or not they buy or sell our stock, but I think our SP doesn't have a very strong relationship with current prices. 

 

Moving forward, I think CRE is in desperate need for some positive news. The markets are horrible again, and like Obey posted, there' an small, steady, erosion of selling. Chipping away at .14, .135, now .13. Seems like we need something! 

 

I wonder what on earth is happening with the BNT deal? At first I thought it's probably a good thing that there was no news on April 2 stating that we are extending the BNT deal. Like Yahoo stated, it's a news release that would have taken them 5 minutes to make. Copy and paste the last news release and just change the extension date to "X". But now it's April 9th, 10 days past BNT's extension date. I almost feel like BNT is jacking us around and something is weird here. Why has there been no mention yet? I am confused. 

 

Nothing new with CRE though, everything is confusing. Sometimes I feel like I'm investing in a company that's in the dark, and once in a while they come out with a news release to say "hey, still here!". The fundamentals are there. Different firms valuing us in the mid dollar range to four dollar range which is encouraging. Would be nice to see some SP increase and hopefully that HIalpha conference helps our cause. JMHO

 

Shelbs

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