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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 tradingmenon Jul 25, 2023 1:47pm
328 Views
Post# 35556241

Overvalued!!!

Overvalued!!!This company is overvalued !!! No hard valued data ! At the exploration level...Only paper !! Long press releases as sleeping aids !!! The Lithium market is dominated by Australia , South America etc...<br /> Canada, and Quebec are not even on the list !! This company valuation, at this stage, should be around $70M...max. Reminder : the success rate in mining is 1 out of 100 projects. It is less risky to invest in the biotech sector where the success rate is 1 out of 10...
Better to keep our money in the bank...or look at copper / gold etc...
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