Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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.

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Critical Elements Lithium Corp > how low it will go

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Comment by monkeyhere171on Jun 09, 2023 9:53am

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Post# 35488299

RE:RE:how low it will go

As I mentioned few days ago, there are no support levels here neither any technical analysis is applicable. The stock is in free fall as there are no buyers, due to management performance! The market is punishing the stock, period!
The bottom will be when the frustrated sellers are finished and unfortunately there are many of them.

Two solutions - either financial update and again they set up the expectation very high so any so-so deal will not move the stock or the CEO has to resign.

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