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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 8:53pm
228 Views
Post# 35822808

RE:RE:RE:Not the time to sell...

RE:RE:RE:Not the time to sell...And for you the option that these parties decided to take a break and walked away is not possible? How about CRE management removal of any timeline reference? Are they transparent if that happened but they are not telling the average Joe?
They had more than an year and a lot has changed, all could have been pushed few years down the road. Why no updates of the engineering progress? The magical 65%? Are we there yet? That silence should be ringing bells too. Based on the financial statements for  Q3 they were at 30% based on the money spent. So come 'March 2024 when we see Q4 financial again can determine based on how much they paid what is the engineering process. Should we resort to that or the company should have done better job communicating milestones established by themselves?
Compare to Jamse Bay project-how they say where they are what was done, etc.
CRE management can easily stop the slide by issuing NR about engineering status, equipment purchase, site preparation etc to show that they actually work in the background and are still committed to Spring 2024 construction start..
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