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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 redbull7on May 11, 2016 9:38am
89 Views
Post# 24861431

RE:Sell in May and go away

RE:Sell in May and go awayIf CRE's partner was smart, they would not want CRE to do a share dilution (since this would decrease the value of the company...and thus their 25% interest that they would acquire in the near future would be worth less).  As such, maybe their partner can just "loan" CRE the money necessary to finish the FS and charge them interest.  That way CRE can pay back the loan once they are in production, with no (or very little) share dilution.  

Remember what happened to CLQ.  They rushed rushed rushed into production, and diluted diluted diluted their stock.  Where are they now??  I know JSL said several times that he does not want to make the same mistakes as other juniors before him did.
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