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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

Post by tinker901on Nov 02, 2022 4:27pm
387 Views
Post# 35067771

Why the SP did not take off ?

Why the SP did not take off ?Many reasons

1) There was 3.5 million shares exchanged. So why pay 2.50 when you can get shares at 2.10 ? 

2) There is no dollar sign attached to this NR.

3) Institutional buyers do not magically appear on the buyng side. You do PR first then their boars of directors give the go ahead.

4) We just made it over the 2 dollar mark and that is a signal for certain type of buyers to ahead. (below two bucks is not in that game. And like reason # 3 it will take PR and a few days or weeks to materialize.

I was hoping for a better turnout today but it is what it is.

Still a day to remember and record sales.

Our SP now 10 cents better than FL. Next we go after Rock Tech.

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