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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 robergeaon Oct 19, 2016 3:15pm
100 Views
Post# 25362487

Canaccord

Canaccord
Hopefully the link works; target 0.80; top pick. Report also has Nemaska, Li America...


https://lithium-x.us12.list-manage1.com/track/click?u=496cea61c23dc942e7def9b7e&id=755d46f583&e=e96d3d7c71


Critical Elements Corporation Initiation of Coverage

A Rose amongst the thorns...

We are initiating coverage of Critical Elements Corp. with a C$0.80 target price and SPECULATIVE BUY rating. Critical Elements has been steadily advancing the Rose Lithium-Tantalum mineral deposit towards a feasibility study expected around year- end 2016. The company’s steady progress through challenging markets is testament to its management, featuring professionals from the Qubec mining industry (see Appendix 1) recently augmented by processing expertise from the lithium industry.

The company has a formed a strategic partnership with a German sales and distribution company active in the chemical industry, giving it a competitive edge over most of the exploration and development companies claiming exposure to the lithium sector. Given this partnership, advances on the technical front, low sovereign risk, supportive provincial government, and exploration upside, we consider Critical Elements to be our Top Pick amongst Canada- listed lithium exploration and development peers. 

 


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