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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 peterstockhouseon Feb 14, 2018 4:10am
107 Views
Post# 27555587

RE:RE:RE:Logicallly

RE:RE:RE:LogicalllyOn the other hand, the potential buyers are going to say that the price is going to level off over a 20 years mine life. And, they will, say, who knows what kind of use will lithium have in the future.
tinker901 wrote: Got your point Bae, but they were going to buy at market price anyway. The way I see it, if you are a reseller, there is a market price for buying and another for selling so even if the price went up alot in two years it only means that their cut would be bigger ( same percentage ). on the other hand, with lithium being more valuable, it means that their originally proposed seed money ( 85 million ) has less value compared to a mine that can sell its goods for 15k a ton versus 10k. Pushing this further, 20k a ton might be in the picture a little bit down the line.


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