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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 Wheeleron Aug 12, 2021 9:11pm
254 Views
Post# 33698893

RE:RE:RE:RE:Long wait

RE:RE:RE:RE:Long wait Being annoyed and investing in CRE kinda go hand in hand. But remember, it was only about a year ago when we financed at $0.30. I would be delighted if we could stay around $1.50 (or higher of course) until the provincial permit is awarded. I think we will see a bigger bump then because a deal will be obviously imminent at that point. In today's market, a lithium deal is easy to get, it's just a matter of how good a deal we can get. I really can't believe what ML did to their shareholders with their ganfeng deal. They could have done so much better, that was just greedy management. I feel quite confident that cre would never do a thing like that. I also find it amusing how much insider trading has been going on over at RCK. Not at CRE. I also think that the provincial permit will get us over the $2.00 mark, however, whether we stay there or how high we go when a deal is announced remains to be seen. I'm not at all disappointed (or surprised) that we didn't see a bigger bump with the federal permit, it really doesn't mean squat without the provincial permit, however, I believe that the joint committee was waiting on it before they make the provincial recommendation and in turn then deliver that permit. I'm not sure if we will see it in August, I know Eric said "full permitting in August" during his recent interview but comex is not scheduled to meet again until September 29 (according to their website) so one may think that their recommendation may not come until then and the permit would follow, however, I've learned that some specific comex meetings take place without being scheduled on the website. So maybe we will have the provincial permit much sooner than that, who knows? What I do believe is that now that we have the federal minister's blessing, the provincial equivalent is just a matter of time. It's a joint committee, the feds and Quebec are doing this together, if one awards a permit, the other will do the same. Personally, I would like to see a deal with a big name like Tesla, VW, or ABL, something like that would do wonders for the SP, even if it's a crappy deal, but I do not expect a crappy deal. I think we're going to see one of the better partnerships/off takes deals amongst juniors, we're not waiting for those permits for nothing y'know. But even then, it might take some time to get the SP up sensibly, a lot of people have been invested in this company for several years (and I'm one of them)  so that means a lot of people are eager to sell and move on (again, I am one of them) but I have no intention of giving my shares away cheaply, I've been here too long for that, but I really think 2021 is our year. Bring it on... jmho 
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