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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 monkeyhere171on Feb 16, 2023 12:05pm
287 Views
Post# 35290074

Short Report Feb 1-15 2023

Short Report Feb 1-15 2023As expected increase in the short volume:

Short Traded Volume:      1,999,251
% Total Traded Volume:   13.96
Short Traded Value:          $5,564,947

So for all that still think management is working on the deal.. well Market is showing you what they think.
Just a remainder to all naysayers:
- Aug 11, 2022 - CRE said multiple discussions, these parties are currently in the process of reviewing the Corporation's extensive data set in the 'data room'.
- Feb 1, 2023 - Critical Elements has commenced a formal process to receive and analyze multiple expressions of interest in participating in the financing and development of the project received to date. Mind it says interest, not intent..

Where is the Company's explanation regarding what happened between August and February? The 'data room' review was ongoing but now they started it again in February? 
All that cheer the Managment, please enlighten me as I'm missing something... it's the same data, same drill results and reserves right? And we are on track for the Q1 announcement.. 
Some people may be getting offended and think that my posts are negative, but I stand firm  - My posts are reality checks and the Market so far seems to agree with these conclusions – no deal announcement in Q1. Who will be shorting and selling a stock that is expected to have an imminent positive NR???
 

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