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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 Daregon Jan 23, 2024 1:57pm
259 Views
Post# 35841293

RE:Valuation

RE:ValuationSo, if we sit on this for a while, what happens if elections give us and the U.S. an administraion that does not push the EV agenda? Biden already seems to have moved on . 

What is the cost of lost opportunity , as our dollars are locked into this wilting flower ? You could be putting money into uranium , gold , silver, AI, etc. 

And why did all the research houses and brokerages keep giving us a higher and higher target price? Clearly their research sucked . Even Kathie Wood said that lithium was gonna soil the bed in 2024 and she never gets anything right. 

At these levels an equity finance would dilute us into oblivian. So, what other financing alternatives are available in this environment? Clearly none. 

I started reducing my position months ago . I went from 125,000 shares to 60,000 today. Im still above water, but it kills me to come to terms with what I could have had , if I hadn't been so greedy. I would love to blame someone else, but seriously, I only have my self to blame. It feels like walking into a telephone pole..
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