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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 dalesio_98on Feb 18, 2022 1:10pm
189 Views
Post# 34442493

RE:Yesterday's news

RE:Yesterday's news
tinker901 wrote: Critical hires 3 companies for Rose plant design work

I might have been a bit harsh (and possibly missed the point) with my opinions about yesterday's NR.

Looking at the December MD&A, the amounts for engineering all parts of phase one are all listed there (roughly 17 million total) So they already had these quotations to be able to put them in that document.  And we know they had the cash from the last PP in pocket since December 3rd.

So why wait till mid-February for this NR ? Could it be that the last doubts about the Quebec permit have faded away ?

At least this could be a reason why, since if we wanted to start a build in summer and there is a lot of engineering to do, why wait 2 months to give the contract ??

The answer could be that you do not to commit 17 million dollars without being sure that there is no more obstacles for a 2022 build.

JMHO


Perhaps CRE has already met with Minister Fitzgibbon, virtually or by conference call.
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