Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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

Critical Elements Lithium Corp

Bullboard Posts

Comment by CozmiqManon Aug 09, 2017 11:35am

93 Views

Post# 26561050

RE:RE:Peeling back the layers on valuation

Right on!

blaggers wrote: Well I took your advice and checked out Clayton News Review (one of countless sites that churns out computer generated analysis for thousands of companies).
Like Tinker correctly pointed out using the Piotrovski Score is totally irrelevant for a company in Critical Elements position of no present revenue generation.
This from Investopedia:

Profitability

Positive return on assets in the current year (1 point).

Positive operating cash flow in the current year (1 point).

Higher return on assets (ROA) in the current period compared to the ROA in the previous year (1 point).

Cash flow from operations are greater than Net Income (1 point)

Leverage, Liquidity and Source of Funds

Lower ratio of long term debt to in the current period compared value in the previous year (1 point).

Higher current ratio this year compared to the previous year (1 point).

No new shares were issued in the last year (1 point).

Operating Efficiency

A higher gross margin compared to the previous year (1 point).

A higher asset turnover ratio compared to the previous year (1 point).

Read more: Piotroski Score https://www.investopedia.com/terms/p/piotroski-score.asp#ixzz4pGlfk4NL
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Your post obviously shows a complete lack understanding about this metric, this company and the Lithium sector as a whole
DYODD
Cheers,
Blaggers.

ps. In your previous post to this you also said you had a "boatload" of CRE shares........4000.......really.
Bigo..........bigone.