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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 Aug 30, 2022 7:38am
301 Views
Post# 34928911

RE:RE:RE:RE:RE:RE:RE:RE:RE:COMEX June 15th minutes are late ??

RE:RE:RE:RE:RE:RE:RE:RE:RE:COMEX June 15th minutes are late ??I too am one who reads far too much into all the comex documents and emails, besides what else are you supposed to do when you wait five years for a permit decision, however, one thing does strike me about this letter from Sophie. She writes, "the project was never held up purposely." I find this to be an interesting choice of words. She did not say, "the review was never held up purposely" rather the project is held up. The use of the phrase "held up" would indicate to me that any delays would be temporary and the project would proceed. For instance, if you are "held up" in traffic, it is understood that it is not a permanent situation and you will eventually get to your destination. In my mind this suggests that comex has recommended that the project proceed. As to whether the report has been written and submitted to the administrator, that is still a little unclear to me, however, her use of the past tense certainly implies that comex  has finally made a decision on the project. Which only makes sense, because had they not yet decided what their recommendation would be, then they would not yet be writing a report. Personally, I cannot see how they could possibly not recommend that the project proceed. We have the federal permit, we are UL ECOLOGO certified, we have an impact and benefits agreement with the Cree community which will pay them  $1 million for starters, we intend to mine a product that will be in a state of global shortage for the next decade, and, among other things, they have strung us along for years now, to the point that if they were to recommend that the project not proceed at this stage would be nothing short of absolute cruelty. Certainly, if they cannot recommend that the rose proceed, then comex should never recommend any mine proceed in the James Bay area. But this is just my humble opinion and could be absolutely wrong, sometimes investing in CRE feels more like gambling and less like investing, I know investing in the venture is high risk, but after 13 years one would think that a healthy portion of that risk has dissipated. One thing is for sure though, we are getting extremely close to the end of this part of the journey. Glta
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