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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 Wheeleron Jun 01, 2022 8:51am
175 Views
Post# 34722701

RE:RE:RE:Lithium stocks dropped today why?

RE:RE:RE:Lithium stocks dropped today why?Very true, I would also add that producers are going to be much more disciplined this time round, albermale has resisted the desire to turn up the wodgina taps instead they seem to want to keep the extra spodumene for the converters they are building in China. I'm quite shocked with GS's predictions given that they just watched MS eat a pile of crow, according to MS LCE is supposed to be around $7000 a ton right now. It certainly isn't a bold prediction to suggest the price will drop 10 percent, it's already dropped a bit, it can't keep rising forever but to suggest it's going to fall off a cliff is just not going to happen. I also think investors are much more educated about the market this time round. The only way I see a decrease in lithium demand is if other battery metals become in such short supply that the amount of batteries capable of being made is reduced so that as much lithium is not required.
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