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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 elvishasnotleft on Feb 10, 2022 3:04pm

Stock price?

When / if CRE gets the Provincial permit, was wondering what increase in share price we might see?? $2.00? $3.00? $5.00+
Just want some input from the board on what we can / could expect.

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Comment by rockhound01 on Feb 10, 2022 3:22pm
Thank you for the question Elvis. Besides my negativity re some of the ways things have been handled I still believe greatly in the Rose project itself. I would tend to believe that a partner has already been picked and the company is waiting for the permit in order to put pen to paper. CRE is the probably the closest to being an operating lithium mine anywhere in North America, the other miners ...more  
Comment by Wheeler on Feb 10, 2022 5:44pm
I think when the permit finally arrives there will be an awful lot of investors looking to sell the news. I think the share price will get over 2 bucks but will struggle to get 3 dollars. If, in a while after we get the permit, management actually delivers on a partner and the financing is not too dilutive, 5-6 bucks is certainly doable. A lot will depend on the financing package, but perhaps I am ...more  
Comment by settoretire on Feb 10, 2022 6:26pm
You think they will actually get a permit? Should get one, but dealing with Quebec is a crapshoot IMO. They're screwing the rest of Canada on what they report as GDP, so they can get 1/3 of the total amount of transfer payments as a " have not " province. Our drama teacher PM is on tape saying Quebec is the best province in Canada, so we are fighting an uphill battle on 2 fronts.
Comment by Rinny1 on Feb 10, 2022 6:34pm
Hopefully before the permit  New NPV Report  expaned drill holes, 2$ plus Permit out 2.75$ - 3.25$ Partener, Quebec funding, 3.75$ - 4.75$ Construction, etc 5$ plus  phase 1 lithium prices I bet over 3000$ For spodumene lithium, if we get 2000$ would be sweet   phase 2 hydroxide study 6$ ish  full blown running mine 7$ - 12$  all ...more  
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