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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 HopeIBoughtLowon Dec 12, 2023 7:05pm
142 Views
Post# 35781119

RE:RE:One Press Release...

RE:RE:One Press Release...Wheeler is exactly right.
Why would someone in a management position with "insider" status in this little Canadian stock with arguably ridiculously low float and liquidity even RISK doing something like you are suggesting they should.

1) it is illegal
2) it is highly detectable in any company that trades in such low numbers
3) it would mean they are doing some sort of math that the risk of illegality is worth the reward of the extra shares.  But they would need to be doing it blatantly illegally.  OR... they could get an associate to do it with them.  Not only that but they could be found out and fined or stripped of their position and negate any gains and smear their reputation.
3b) that associate who is knowlingly trading on insider information is also violating insider trading rules.
3c) if that associate is your brother, mother, brother in law, barber or uncle and they get caught up in the crossfire of charges and investigations... well that makes for some awkward family reunions and potentially pretty bad haircuts.

Does it happen.  Sure.
Would you want their heads if we learned that they were doing it and buying the shares that you were selling only because they knew they were of greater value soon?  Oh... I think you would want their head.

Will they call and tell you they just made a "big buy.... and don't worry... everything will be alright"...ya... probably not.

So your premise is flawed.  Your "don't even tell me..." makes no sense.  

HIBL
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