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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 illusion81on Jul 05, 2019 2:05pm
102 Views
Post# 29890334

Question Regarding Permits

Question Regarding PermitsAt this time, is it only the environmental permit(s) that we are waiting on?  if yes, then why would potential strategic partners be so conerned about this that they wouldn't even consider signing a conditional offer?  Is there really still such a big outstanding risk that these permits will not be granted?  From the infiormation shared from the AGM, it doesnt appear that management has any concern about being granted these permits, so why are they such an important catalyst to getting a deal signed with a strategic partner?  Something feels off to me about that.

Also, for the folks on this board that have been tracking / invested in other junior lithium minors, what can we realisitcally expect to happen stock price wise once the permits , strategic partern, and financing have been secured?  are there any recent comparisons that we can draw on?  Can we realistically be expecting to be over a dollar when all this happens?  It seems that lately inestors have very unrealistic expectations in the Lithium space, so im trying to manage my expectations accordingly.  Almost feels like investors expect a fully operational mine with a nice monthly dividend payout before they will pay anything close to fair value for the companies shares.  
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