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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

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  • monkeyhere171X
Comment by monkeyhere171on Aug 15, 2024 10:10am
154 Views
Post# 36180404

RE:No guarantees as to the timing....

RE:No guarantees as to the timing....

Finally, other people started to open their eyes and realize that they were lied to by the management team.. shovel ready bahaha
But now ask the cheerleaders here that were attacking any opinions that differ with the rose glasses they were wearing! 

You will now all realize that you can't raise $500M in this market with $90M market cap. The only path is to wait which will destroy the stock price, already 30% down in a month and still room to fall. 

All this was evident back in September 2023 when they missed their deadline. Don't think this will go bankrupt, but likely outcome is to be bought out cheap (like maybe 50c/share) once it hits rock bottom  in the 25c range.
Market is expecting the downturn to last at least 2 years so be ready for very rocky times as if thry are not bought out will have to issue shares at very low prices 

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