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.