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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 redbull7on Sep 27, 2021 1:02pm
132 Views
Post# 33924464

RE:Speaking of Manipulation

RE:Speaking of ManipulationWhat manipulation?  LOL.  I've seen manipulation in pretty much all the stocks I'm invested in.  Especially junior miners.  

Anyways, it's interesting that JSL said they expect permits by end of the year.  Interesting because Eric had said in an interview a month or two ago that they expected permits by end of August.  This is the same provincial permit that I'm assuming they are both referring to.

I was hoping that we had provincial permits AND a partner by end of the year but that is more and more likely not going to happen.  We are moving at a snail's pace.  Yes you can blame Covid, or the Quebec government, etc., but in the end, the blame does lie with the company for not completing the answers properly in the application and have to go back and forth several times.

Regardless, I am stubborn.  I look at market cap.  I have vowed to myself that I will not sell any shares until I see the market cap over a billion.  Yes, that's right.  That's basically at least 4 times today's price.  Even at at billion cap, that is cheap.  Rose (phase 1) is over a billion in value, once it's revalued using the current lithium prices.  Add to that all the drilling they will do (based on the new AI information).  So increase in resources.  Add to that Rose (phase 2).  Add to that potentially another couple of "rose" mines just based on their land package.

When all is said and done, this should be a market cap of several billion.  Yes, it may (actually will) take several years to achieve, but eventually we will get there.  I'm hoping it's still in our lifetime and I'm also hoping JSL keeps his word and keeps our shares around 225-250Million outstanding (and doesn't pull an NMX with over a billion outstanding shares).

One last thing...the investor presentation on their website says Sept 23/21 (but the presentation itself is the one from April 2021).  Great attention to detail that they have.  Kinda explains their answers when it came to permit applications and why they are still waiting.......LOL
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