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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 monkeyhere171on Dec 09, 2021 2:46pm
230 Views
Post# 34215683

RE:RE:200MA

RE:RE:200MA

How about dropping $26M so you can save $75M, now make sense?
If the partner is to provide 50% financing aka $200M but stock price is around $2.5-$3 he will get what 80M shares as equity.. that have to go to $6/share so they get their investment.
Now, with the company's help you drop the price to $1.3-$1.5/share by investing $26M (and free warrants). Financing is done for around $2 (after permits approval) and you get 100M+ shares and possibly warrants to sweeten the deal. 

As the mine will get build, share price will go reach eventually $4-$5 onve the mine start operations. You sell your equity and warrants, making millions and poor retail investors are footing the bill. Classic story!
For few weeks have been telling the price will be walked down and stay there until permits and the 2.5M shorted shares prove that. And no, there is not going to be short squeeze as they got the shares from CRE management and its not naked short, that will have to buy back. No technical analys apply here. Just hold your shares and buy more in the new year. 

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