Post by
rockhound01 on Dec 05, 2021 10:00am
Time For An Update From Cre
The PP has closed. I including many people on this board are heavily invested in Critical Elements. Also CRE just had a raise of 25 million plus dollars which has created a whole new group of investors looking for results. I think the time for promises and rhetoric is over, Honest and Detailed information is needed. I was a big cheerleader of CRE and still believe large in the asset but have grown tired of the inaction.
Questions that I hope are answered:
During the recent PP amendments were made in the MD&A and filed with Sedar, why?
Many people invested in CRE based on identified targets and future expansion of resource which has been touted by the company for years, what if any action is being taken to expand that resource (drilling etc)?, this takes years and time is of the essence. Yes you are busy with Rose but there are many other Juniors juggling multiple projects.
At what stage is CRE in the Provincial Permitting process? We were hearing the mantra of "Permits by the end of the year" now dates are being changed within the presentation and MD&A?
What plans does CRE have to increase exposure and marketing and realize the full trading potential? The stock appears to be traded and controlled by a couple of houses severely limiting that potential. Even the most basic items (uplist on the OTC etc) are not being addressed. A detailed plan of action is needed and clearer communication with investors is warranted.
What if any role is DR. Haber playing in the company at this time? My belief was that he was brought in on his strengths on the business side and as a dealmaker but it seems business as usual under his watch. He is hardly ever seen or heard for someone who appeared at the beginning to be such a cheerleader of the company and lithium industry as a whole. Is he involved in other companies/projects that are taking the lions share of his time?
We are living in a once in a lifetime battery metals supercycle and would like to know if our money is well placed.
Comment by
metalhead666 on Dec 05, 2021 10:06am
Those are all great questions...why don't you ask the company directly? Email and call and you won't have to guess or whine. Would be great if you did and then reported back here their answers. Problem solved.
Comment by
Openroads on Dec 05, 2021 10:16am
Thanks Metalhead, If you can locate the Investor Relations office number I'll make that call. Also the company has a long track record of poor communication with investors so a typical call would consist of Management responding that everything was just fine and nothing to see here. They are Long overdue for an update to all shareholders.
Comment by
rockhound01 on Dec 05, 2021 10:23am
That goes back to the communication and marketing question. Only a small group of CRE investors read Stockhouse, communication is key. Also if you found any of my questions or comments invalid I am open for discussion.
Comment by
illusion81 on Dec 05, 2021 10:57am
Patrick is on LinkedIn. Try connecting with him there and maybe he will respond to your questions there and/or provide an office number that he can be reached at.