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Bullboard - Stock Discussion Forum 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... see more

TSXV:CRE - Post Discussion

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Post by Wheeler on Jul 20, 2021 9:47am

ML

So Ganfeng is going to buy ML for 3.60 a share after ML raised 35m at 4.00 a share just a few months ago and hit a high of 5.25, sounds like a very disappointing deal. Ganfeng is a very aggressive company and has no doubt made offers to CRE, I wonder what those offers looked like. I get the impression that CRE management would never screw over shareholders like this. That is why everything takes so long with this company, they are holding out for the very best they can get. jmho
Comment by redbull7 on Jul 20, 2021 10:06am
Agreed, seems like shareholders are getting the shaft, especially since we are at the start of another lithium boom!!!  I'm sure CRE got offers (they mentioned this before), but they were not good enough.  I've been saying for years, CRE is looking for a home run deal.  That in itself could come back to haunt them (if they wait too long, they will miss the rush).  I' ...more  
Comment by Wheeler on Jul 20, 2021 10:10am
Cormark did buy in just the other day, looks like they're selling at a loss, not smart money, I worry too that CRE will hold out too long, there are lots of juniors out there and ML demonstrates that they are for sale.
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