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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 12, 2022 9:19am
343 Views
Post# 35093477

The wait !!

The wait !!I guess we can all speculate on the recent activity with our SP.

The simplified version is that there are quite a few sellers ready to cash in part or all of their position around the 2.30 mark.

And here is the deal, if you want to let go of an sizable amount then you have to go lower a few cents. So best way to sell the portion you have in mind is to go with smaller amounts. And that drags it on.

On the buying side, with a bit of patience, you can get shares between 2.25 and 2.30.

Our management has purposely or inavertently set up this scenario by stating that they are not in a hurry to sign any deal and this "could" take a while. 

The sense of urgency has been dampered by just a few words.

JSL and the management team are quite the opposite of a used car salesman. 

So even if most investors believe CRE is worth more now after the permit, they also see that they can take their time and pickup the amount of shares they want at todays undervalued prices.

This post is not intended to be a rant, but is rather my actual disappointed sentiment of being pushed back (again) a few months.

In the end, I am sort of hoping now for a takeover bid at 4 or 5 bucks and put and end to all this endless wait.

And this, even if I know that the SP could be in the 10 dollar range within a year or two.

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