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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 redbull7on Sep 15, 2016 10:59am
95 Views
Post# 25240269

wait, I'm not done

wait, I'm not doneCame across Neo Lithium Corp.  They are advertising on stockhouse (as one of the first pages).  Had a quick read.  It seems like they have a project on the go (in Argentina)...not Quebec.  It seems like they are the exploration stage (not close to BFS).  I believe they have around 65M shares out....however, their market cap is almost THE SAME AS CRITICAL ELEMENTS.  

Now how does a project in South America, with who knows what kind of infrastructure available, and who knows what kind of mining hurdles/payoffs/culture, etc., who is at the exploration stage, be worth almost as much as a company that is in mining-friendly Quebec, with millions of $ of infrastructure available, and almost has a BFS prepared (worth north of $1.4Billion), be worth the same??

I believe CRE's mistakes are as follows:
1) they don't have "lithium" in their name.  They should have changed the name from First Gold, to Critical Lithium Corporation.  too late now.
2) they don't advertise enough.  Since they're experiencing delays anyways, why not spend some of the money raised to advertise (and I'm not just talking about crappy stockhouse)
3) they don't inform, or I should say "update" their shareholders enough.  How hard is it to bring out an NR right now, with an update on the BFS, permits, financing, etc.?  Unless of course, there is nothing new and they are still moving along at a snail's pace. 
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