Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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... see more

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TSXV:CRE - Post Discussion

Critical Elements Lithium Corp > Any clues RCK vs. CRE ?

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Post by Goodtoreadthis1 on Mar 04, 2021 11:36am

Any clues RCK vs. CRE ?

RCK seems to me to be far behind CRE in terms of LI development; yet RCK trades near $4C while CRE is in the $1s

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Any ideas as to why the radically different share price ?

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Comment by tess4344 on Mar 04, 2021 12:05pm

Haven't done any DD on RCK but just looking at their numbers, RCK has 48.8 Million shares outstanding with a market cap of $192.8 Million. In comparison, CRE has 168.83 Million shares outstanding with a market cap of $231.3 Million. So CRE has approx. 4X as many shares as RCK as per ScotiaITRADE.

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Comment by Montreal1010 on Mar 04, 2021 12:11pm

You're right, RCK is years behind CRE but they have the support of high profile investors (Peter Thiel and others) and the market likes that. With 76.4M shares fully diluted, RCK market cap is $300M, CRE would be much higher with a deal (ex: TSLA / VW / LG / GM / F etc). Permits will open lots of doors for CRE

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