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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 tinker901on Jul 08, 2022 6:57am
166 Views
Post# 34810417

RE:RE:Possible buyout

RE:RE:Possible buyoutSourceman1, having been on this board for around a decade now, this is my opinion on why a takeover is less likely with us as opposed to Neo Lithium

From what I know there is surely more than 50% of all shares that are in "strong hands" and the proof of that is demonstrated by the pattern of everyday trading. 

The longs, the Lavalle's and "friends' are all one big happy family on the way to build a mine.

And this setup has benefits but also drawbacks. It will take a SP over 2,50 to start shaking some of the older layer off and let new traders in, and from then on we could see the share price double or triple that on the road to shovels in the ground. (hopefully in of Q4)

That being said, if a serious buyer puts a big enough piece of cheese on the plate some of the mine build "cult" that have been waiting too long could be ripe to move on.

And the balance between longs and day traders could change drastically after the permit if the the SP moves up in the 2 to 3 dollar range.

Anyway, that was alot of "IF's" for one post.

The trigger to get things in motion is the provincial permit and it is the wait for it that keeps ME up at night in anticipation of what could be my best year with CRE. 

Good luck


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