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.

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Critical Elements Lithium Corp

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Post by rockhound01on Jun 13, 2022 11:10am

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Post# 34751992

Perspective Re News Release

According to many sources including Cantor Fitzgerald state that most lithium peers are trading at 0.9x NAV and producers at 1.3x NAV. With the latest FS study numbers we should be trading at $8.55. We were trading at .33x of our pre updated NAV. If we continue to trade at .33x NAV our share price should be $3.13 which represents 1/3 of peers.

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