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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 leverage1971on Jun 12, 2023 11:11am
182 Views
Post# 35491532

RE:At this rate we will be at the 52 week low by end of week

RE:At this rate we will be at the 52 week low by end of weekAs much as your frustration is well placed, I would suggest one correction. The Venture is rife with sky high, fantastical stories of the next big thing. Money generally is made on the Venture through luck that comes during exploration. Most of us that have banged our heads against the wall in this space realize too late that once a junior or micro junior has a big move it will halt its move up and then never get there again because 1) it will dilute 2) any exploration news that is anything but twice as good will have little impact, usually negative 3) mines are not built in a year or two.

I can name several big exploration stories that are still nowhere near being mined. I was in a few of them in 2012 and 2014... still not close half way through 2023. Now full disclosure I was out of them once the momentum stopped.

You are in CRE in 2023 and it won't be a mine when people here think it will. I own it because I own other exploration companies, CRE is like my big Uranium stock from 2012 but 4 years further along in terms of permits, plans, engineering, politics and First Nations support. From the 1.7 range this is an easy uptick (double? triple?) from here. Its a when question now not an if. Anything can happen but it will be a surprise given Canada's stance on alternatives to O&G and other carbon producing fuels.

Again get the frustration but this isn't the Venture you think you dipped your toe into.

Just my two cents
All the best
Lev
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