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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 monkeyhere171on Jan 11, 2024 10:22am
148 Views
Post# 35821301

RE:RE:RE:New bottom today. Good stock

RE:RE:RE:New bottom today. Good stock

As I said couple of weeks ago,  the bottom will be in the  70c.. Why?? I referenced FL price as that was the bottom price for them and they are at the money stage. Just consider that that's how the market values juniors now.  Hence kicking myself for buying back full position. 

But should be noted that FL is much more liked by the market than CRE hence my stop loss set up at 50c. I do believe that if by Spring 2024 there is no deal, this will go there. So if that happens will be stopped out and will leave without any profit or loss after holding this dog for 8 years!!!

You like it or not, this is now salvage or recovery investment with hope for most people to get out without loss, as the VWAP for the last 2 years is around $1.5/share so many people are way under water here.
 

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