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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 metalhead666on Dec 11, 2021 12:48am
219 Views
Post# 34221168

RE:RE:Tax dump?

RE:RE:Tax dump?Gibberish. It spiked in 2017 for nearly a year on the feasibility study, gave almost all of it back and then spiked again over the last year on the euphoria with lithium and EVs....there are no patterns except what you make up in your head. If there's no catalyst to advance the project it will drift lower until there is. Mining shares trade according to their NPV...usually at a fraction of it with that fraction becoming bigger as a project becomes more "de-risked"  Right now it's about 25% of NPV. (based on base case per the feasibility study) It will trade at a higher percentage on the provincial permit, higher still as construction begins. Then it will trade like any other company subject to commodity pricing.  This could trade back to $1 Canadian and it wouldn't say anything other than it's very cheap relative to its feasibility study NPV. Given that lithium is considerably higher the stock is even cheaper now than the base case even with the private placement fund raises.  It just needs the final permit to be re-rated higher and get some stability....Otherwise it's just going to bounce around like all junior miners do ruled by emotion. There's no "tax loss" selling going on here....you're babbling nonsense. 
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