Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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 Tyeehunteron Apr 10, 2023 1:39pm
165 Views
Post# 35386984

RE:RE:RE:Ready for some news ?

RE:RE:RE:Ready for some news ?There is an opportunity cost to waiting so long for the off-take partner deal.  All the time they are investing in the off-take deal is time they are not investing in construction financing.  Those are likely 2 very different pieces of negotiation.  They have said as much.

Plus the added risk of potential buyers going elsewhere.  We do not know but they may have 12 offers in front of them so it's not an issue.  But we don't know that. Large companies with investable $ are also likely to talk to other companies too.  They are not the only game in town, they are advanced with permits, but not the only game. South America, OZ, and Nevada all have deposits in play. 

Had they done this 6 months ago when prices were sky-high, they would now be 100% focused on construction finance, which would likely happen sooner.  Who knows like a home seller who missed the highs and is now hoping they come back before they list, he may have turned away mega deals in December and is now waiting for them to come back, which they may never do. History will tell, is it ignorance, greed, prudence, or stupidity?  Hope we all bet right boys.  
<< Previous
Bullboard Posts
Next >>