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Critical Elements Lithium Corp V.CRE

Alternate Symbol(s):  CRECF

Metals & Mining Industrial Metals & Minerals
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

Critical Elements Lithium Corp > Lithium stocks dropped today why?
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Comment by tiger2201on Jun 01, 2022 8:30am
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Post# 34722611

RE:RE:Lithium stocks dropped today why?

RE:RE:Lithium stocks dropped today why?This time is different, LOL.  The EV demand is just way ahead supply. Yes, there are new mines building now, but there are more gega battery plants building as well. If you follow Bentchmark minerals, there are 600 GWH battery capacity in total (incl. planned), that is equivalent to 4.8 Million tons of LCE.

What happened during the last cycle was that the EV demand wasn't high enough, so the supply is just ovenwhiming the demand, crushed lithium price.

tiger


invest1979 wrote: This is what I was trying to get feedback from fellow investors here.  We all remember Morgan Stanley vividly, why would it be any different this time.

i personally am very concerned they just kickstarted a bear market in lithium stocks 


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