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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 monkeyhere171on Nov 25, 2022 3:19pm
176 Views
Post# 35128885

RE:RE:RE:Another green day for most

RE:RE:RE:Another green day for most
I'll chime in as I need to rant a bit :)
 
Have a look at the Aug 11th press release about the Lithium Hydroxide Monohydrate Plant eng. study.
The first paragraph is not pumping up or presenting great news but disclosures that nothing is certain, high risk, bla bla.. who puts that at the top of an NR??? It's always at the end..
Then look at the end - Strategic Partner and Project Financing Discussion - why this is buried there, and who will read it? It should be a stand-alone NR itself.
Especially that part :
"The Corporation has held discussions with several automobile manufacturers, cathode manufacturers, trading houses and cell manufacturers. A substantial number of non-disclosure agreements with potential strategic partners are now in place, illustrative of the competitive tension in the lithium market. These parties are currently in the process of reviewing the Corporation's extensive data set in the data room."
 
This should be reiterated now, or put an NR to say that as a follow-up on the Aug 11th NR, the parties have concluded their review and are satisfied or similar. Keep the momentum, but instead, JSL said well not in a hurry, wait for Q1/2023!!
Tell me another junior that does that and why this management is so tightlipped?? I have no idea what the game is, my worry always was that JSL has an agreement in place for around $2.50 but I changed my mind after his two interviews right after the permit. unfortunately, since then CRE went MIA and we have to test our resolve.. rant over!!
 
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