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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 Hovison Dec 31, 2012 3:49pm
189 Views
Post# 20785393

RE: RE: Fiscal cliff!!! ???

RE: RE: Fiscal cliff!!! ???

 

 Hi Kooter33!
I would have preferred that our shares are valued at 0,40-0,45 before any equity financing.
As it stands right now, we need to print about 30-35 million additional shares to cover our capital needs in the coming year.
 
We must prepare ourselves for the necessary dilution to get to the ultimate goal:
 
-The production.
 
I hope the market appreciates financial strength before dilution.
It is time to understand the seriousness of the situation. -No money,- No mine and -No happy new year;(
With the hope of new money and a happy new year to you all!
 
Best regards
Hovis
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