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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 redbull7on May 27, 2019 9:31am
148 Views
Post# 29774888

premarket

premarketShows bid/ask at $0.43. So down 2.5 cents. Are you guys ready for sub $0.40 this week? What a piece of sh*t this stock ended up being. I remember we were trading at $1.02 as we went into the AGM last year and finished that day at $0.97 or so (since annonymous traded us down). Here we are a year later, with a feasibility study in our hands and still owning 100% of our project yet our stock price is sh*t. You can blame the markets, Morgan Stanley, the lithium sector, blah blah blah but in the end, management is to blame for a lack of urgency (in signing an offtake/partner), and for not providing its shareholders with more updates. People are simply losing faith and selling this dog. Also, the fact management has not bought again at these prices indicates either that they are in the black-out period (so a deal of some sort is imminent), or they have no intention of acquiring more shares. I was going to buy my plane tickets for the AGM this week...but now I'm reconsidering.
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