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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 illusion81on Aug 16, 2023 10:23am
140 Views
Post# 35590802

RE:RE:RE:RE:Crux interview

RE:RE:RE:RE:Crux interview Well said bigops.

Eric clearly stated in the interview that a less favourable deal can be signed next week.  I for one appreciate that they are taking the time to put in place the best deal possible as a trade-off for waiting an additional 3 - 6 months.  We're still dealing with months and not years here, so for a junior on the venture it's quite good given that majority never end up going anywhere and just get delisted or dilute their shares into oblivion while taking great salaries with never ending false promises.

We got the info we need out of this interview.  They continue to make progress towards a favourable deal and still looking at a fall timeframe.  I believe Eric also used the term "Fall" in his letter to the shareholders and the September timeframe was tied to the targeted tree clearinf timeframe.  We know that we don't need the financing in place to start that work as we have enough cash on hand to get that work going.  

I had to smile at the moment in the interview where Eric said he felt bad and apologized to the shareholders that had to sell recently.  Monkey, if nothing else, at least you got an apology from Eric :)
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