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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 bigopson Jan 19, 2021 8:27am
239 Views
Post# 32324644

Prospects and more

Prospects and more

In an effort not to get too biased - would love to hear your thoughts.  I am a very long term holder of stock...rode this up in the last run to 1.86 and all the way down...bought all the way up and all the way down.

In my mind this Lithium company has the best prospects for investors when compared to all other lithium companies. Why do i think that -- because its post-tax NPV is close to $800m and we have approx 170m shares outstanding...lets call it 180 fully diluted after warrants (pls correct me if I am wrong). So basically once we are permitted, parntered and operating theoretically our stock could appreciate about 3.5x from here. I can't find any other lithium companies that have that sort of torque......further, none of us have even really considered all the other properties and opportunities on CRE land down the road....

Combine that with all that has been discussed - team, type of lithium, jurisdiction, power source, highway, access to shipping, first nations partnership and general market dynamics....what a powerful combo.
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