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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 goodtoreadthison Feb 12, 2019 4:07pm
119 Views
Post# 29354917

Easy to think - grass greener elsewhere

Easy to think - grass greener elsewhereAs I have reported before I own shares elsewhere to save my sanity. Each other company has MANY headaches.  For instance GXY has taken it's producing mine- Mt Gallatin  thru commissioning twice, once in 2016 and once in 2017.  AS investors we think - good that is now behind us. 

This is 2019. So what do I get from the eanings call transcript from GXY ?  Here are the words 
Construction of the Yield Optimisation Project was completed during the quarter and commission was approximately 85% complete by the end of the quarter. We have now reached the stage of almost 100% commissioning partway through January. Improvements in recoveries and production rates would -- will therefore be realized from Q1 2019.

LI production is a tough business, so be ready to be even more patient once CRE has a deal. 

It is amazing the variety of problems that arise. And remember Morgan Stanley grandly waved it's magic wond and said - we will have oversupply. Not true by a long shot. 
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