Critical Elements Lithium Corp V.CRE

Long wait

[icefish]

That was a long wait for much anticipated permit news. I really expected better results

[monkeyhere171]

Yup, my wish was for $1.8 - $2 but all we got was a small bump. My volume expectations were 6-8 Million based on 2017 HELM news. Guess it's not the permits that the market is waiting on, but rather the financing. Few mor months to wait for it then, CRE did say they are in discussions so hopefully we will have a  reasonable deal done once provincial government issues their approval. Good

[110158]

Only one of the permits is issued....still waiting for the Quebec one...so things will go on Go CRE Go ......

[icefish]

Many dynamics at play here for sure. However it was the permitting that was all that was talked about and was believed to be the catalyst for  movement to at least newer highs  like you say though the wait continues 

[monkeyhere171]

Yup, just annoying to see other lithium juniors flying high and we still can't take over our 1year high. The nemaska curse is weighing on lol

[Wheeler]

Being annoyed and investing in CRE kinda go hand in hand. But remember, it was only about a year ago when we financed at $0.30. I would be delighted if we could stay around $1.50 (or higher of course) until the provincial permit is awarded. I think we will see a bigger bump then because a deal will be obviously imminent at that point. In today's market, a lithium deal is easy to get, it's

[Jordsword]

Like anything that has a federal and provincial component, the feds set the baseline standards and the provinces have to come in with same or greater standards so it doesn't suprise me that the fed permit came first. It shouldn't take long for the provincial to be written up and delivered now. I think CRE is still relatively unknown in the marketplace and big players need to digest this