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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

Critical Elements Lithium Corp > Updated MD&A on SEDAR
View:
Post by monkeyhere171 on Dec 23, 2021 10:38am

Updated MD&A on SEDAR

The company posted an updated  MD&A report yesterday, and it has a line that caught my attention related to the latest PP financing:

"Following the closing of the bought deal financing dated December 3, 2021, the Company anticipates that a portion of the funds raised will be used to achieve the various objectives / milestones mentioned below. These objectives / milestones could allow the Company to initiate the project financing for the construction of the mine of the Rose Lithium-Tantalum property."
Comment by johng14 on Dec 23, 2021 2:39pm
Also noticed the fact that they haven't yet submitted their answers to COMEX yet : "The Company is currently working on duly responding to those questions and fulfilling the undertakings set out in the COMEX's correspondence, which is part of the environmental and social inpact and assessment and review procedure." A bit surprised that they still haven't submitted the new ...more  
Comment by monkeyhere171 on Dec 23, 2021 3:14pm
The reference provided is for the June 2021 comments which if you look up on COMEX's website CRE provided answers Sep 2021. What they do not say is that COMEX requested additional information in October 2021 and there is no further information if this was addressed. These new questions are not under the same tab (Environmental and Social Impact Assessment) as June’s questions on COMEX’s ...more  
Comment by Wheeler on Dec 24, 2021 12:43am
This line is very similar to a line from page 8 of the November 30, Short Form Prospectus on Sedar. It reads, “Upon completion of these various objectives / milestones, the Corporation will be in a better position to initiate the project financing for the construction of the mine on the Rose Property.” The milestones of course being the engineering design for the mine which according to the time ...more  
Comment by dalesio_98 on Dec 24, 2021 2:04am
"lawyers that well need to sue the Quebec government. Im joking about the last two sort of." -- I'm not joking about a class action lawsuit against the Quebec government i.e. Nemaska shareholder file. Seems the COMEX strings are still be guided away from CRE approval by the powers to be.
Comment by dalesio_98 on Dec 24, 2021 2:08am
"lawyers that well need to sue the Quebec government. Im joking about the last two sort of." -- Correction -- I'm not joking about a class action lawsuit against the Quebec government i.e. Nemaska shareholder file. -- Seems the COMEX strings are still being guided away from CRE approval by the powers to be.
Comment by tinker901 on Dec 24, 2021 6:22am
What exactly are you saying ? Do you think that someone in the GVT has the power to manipulate/influence COMEX so they will delay our project ? And who would that be ? This would be a serious insinuation bordering on a "conspiration theory" if you ask me. Have a look at the advancement with the James Bay Galaxy project and the questions that COMEX is asking them and you will see that ...more