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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 Dec 12, 2023 8:27am
177 Views
Post# 35779497

RE:On X

RE:On X Don't be so hard on yourself, Rinny.  Even our resident Nostradamus got it wrong and started buying back too early.  It was obvious that from a Macro level things were not working in our favour and we all expected a correction.  The thing that was impossible to predict was by how much.  Right now you have the clarity of hindsight.  On top of that we also had negative things going on closer to home with critical milestones being missed.  Everyone blames CRE for that only, but I've since learned that it's more so the other parties involved that are causing the delays given that CRE is negotiating with several large parties that take their sweet time with reviews, approvals etc.  Sure, CRE management can push these potential partners to move faster etc but that could cause a negative impact on the relationship as what does CRE management have to gain by pushing them and signing a deal 1 to 3 months faster?  On top of the macro environment destroying the share price it's the retail "investors" that are causing the harm.  Not only shorters but also the penny flippers that think they are the next penny stock trading prodigy anticipating that a deal will be signed shortly and that will at least 3x their initial investment.  Well, guess what, that didn't happen and the penny flipper prodigies got burned and are selling off their remaining crumbs.  If you are a true investor in a junior explorer then you understand that it takes many years of patience and missed timelines and milestones.  I still believe that there will be a mine one day and am sticking to the plan that I put in place  for myself on when to sell and move on.  The stock market is a device for transferring money from the impatient to the patient.” - Warren Buffet (you can 10x that statement for junior explorers on the Venture)
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