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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 Nov 22, 2022 7:28am
161 Views
Post# 35117979

RE:RE:RE:It's Bad enough...

RE:RE:RE:It's Bad enough...You have an excellent point Jaded84 !!

JSL probably has "noble" intentions and wants to build a mine. As opposed to other juniors who avoid being specific about their timeline to produce (for good reasons)

We know that some of these will turn out to be "one hit wonders" but in the mean time, many opportunist investors will make a truckload of cash on others will loose on the way down.

The share price for a venture stock is mostly based on speculation (some wilder than others).

So yes, if CRE adds more 'hype' to their story and the SP goes up to 5 bucks, I for one would not complain.

Goldman Sachs were also speculating on over supply and missed their prediction by 80,000 tons this year only. But forgetting about Goldman Sachs or Morgan Stanley, there will be over supply soon enough.

With the lithium prices of today and the abondance of lithium around the globe it is inevitable.

I am guessing that most people in Rock Tech, PMET and Frontier do not care if a mine will be built or not. 

And if we are honest with ourselves most CRE investors on this board feel the same way.

I might however keep a smaller position with CRE for the next few years after I sell most of my shares to institutions who want to "own" an operating lithium mine.



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