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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 rockhound01 on Aug 14, 2022 8:49pm

Haber

One of the main reasons I continue to hold this stock was the hiring of Haber as President a few years back. He was at the helm of Rockwood when it was sold to Albemarle for over 6 billion dollars. I can only imagine the offers that have been made in order for him to jump ship especially with the recent lithium craziness but continues to stay on. After being allocated options he went into the market and took a significant position and has only sold stock to exercise options etc. Yes Haber is being compenstaed with a generous salary but his big payday will come when the stock rockets. Cre Mgmt has been cagey with the wait and timing for the drill program but I've long suspected that they have a good idea that there is going to be a significant uptick in resources and NAV once the drilling is completed especially in and around Rose.I see no reason why the NAV woudn't be approaching the 3 billion dollar mark in short order. Finally confirmed in the latest news release there are several companies circling like sharks waiting to make a deal. Regardless of takeover or partner Haber is here to make big dollars and one of the reasons I'm hanging around.
Comment by Wheeler on Aug 14, 2022 10:38pm
Agreed, Haber has been here for close on 6 years now, there can be no doubt that he has had has several other offers in the lithium world. He is, however, a bit of a ghost in that he does very little promotion for the company but, he is still here. I think of him as the canary in the gold mine, if he  at some point didn't think that the rose was going to be a mine, then he would be gone ...more  
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