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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 Dec 08, 2022 5:48pm
241 Views
Post# 35160437

Inflation and interest rates

Inflation and interest ratesThis is off topic for sure, but I was reading about the relation between rising the interest rates and lowering inflation.

It turns out that the simplistic explanation is that by raising interest rates, the banks put their clients in a position of having no choice but to cut back on purchases, And in turn this slows down the economy and suppliers must lower their prices to go ahead.

For me it is alot of BS.

Banks lowered their interest rates to encourage spending and the recent never ending rising value of real estate left consumers with the impression that they were worth more and go ahead and spend.

Now that the greedy suppliers (Food and Gas) have raised their prices to catch up for their losses during the pandemic, that sent cost of living prices (inflation) skyrocketing to a point where we now have to eat baloney instead of steak, GVT steps in to pressure banks to increase their interest rates.

The interest rates should not have gone below 3 to 4 % in the first place. 

A  complete "Gong Show"

For sure GVT officials could have seen this coming a long tive ago.
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