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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 Nov 20, 2012 6:32pm
178 Views
Post# 20624204

RE: PQ Budget

RE: PQ Budget

Well that sounds great.  This is value play where the value just keeps increasing.  Sitting here at 20 cents and we are not too far off from production.  Critical elements is getting great support from the Quebec gov't and the Cree nation.  Not to mention many interested parties/end users looking for stable supplies of material.  With projected costs and less taxes, not to mention an npv that should be over a billion dollars.  Critical elements can have their capex paid back in less than 3 years.  Now you have Rockwood and Tianqi in a bidding war, in which the Tianqi group doesn't want to part with Talison's lithium which they process.  Tianqi also own 16% of Talison right now.  My point is Talison isn't going to be sold on the cheap and the loosing bidder is going to be looking elsewhere for it's lithium.  With a ten year tax break CRE is going to look even better than Talison when they go into production.  It is very possible CRE will be bought out.  When they have the money, customers, permits, feasability study completed and mine construction begins someone is going to be looking to buy us out.  Once all of the work has been done someone will buy this strategic play and who could blame them if I had the money I would too.  This play gets better every day glad to be here for 3 years.  Great board hope everyone is having a great day.

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