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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 > 10 Bagger Potential….According to Seeking Alpha
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Post by rockhound01 on Sep 03, 2022 10:24am

10 Bagger Potential….According to Seeking Alpha

Some other posters have already touched on this point but the Seeking Alpha price forecast doesn't include present and future drilling/expansion of the resource and obvious increase in NPV.

I've often speculated that Cre has been sandbagging with future driling/expansion in order to tie up a deal with Rose and then leverage future expansion with the present partner or take on new partner(s) with the new/expanded resource. I've commented on Haber's lack of presence on the market front but I truly believe that has been  inundated with partnership/takeover possibilities in this insane lithium market. I am also surprised that he hasn't been poached by a big fish and that which leads me to believe that Cre is onto something much bigger than we've seen to date.
Comment by tinker901 on Sep 04, 2022 7:56am
To be fair, the Seeking Alpha report is a possible SP for a mine in production. So that would be best scenario late in 2024. Meanwhile, with the provincial permit, and later in the fall a partner / investor could possibly propel us into a 3 bagger area before xmas. JMHO
Comment by tinker901 on Sep 04, 2022 9:54am
Mine expansion : Drilling campaign done end of September Results from lab back in December.....maybe Then the National Instrument report in January 2023.
Comment by Wheeler on Sep 04, 2022 11:33am
With the permit, partner, resource expansion and construction decision, I suspect we will quickly get to a 1 billion dollar market cap, what that does for our SP will depend on how much dilution comes with the financing. I think getting to a 2 billion dollar market cap will happen in the 6-12 months that follow, it should happen much faster but I suspect all the uncertainty and distrust that has ...more  
Comment by tinker901 on Sep 04, 2022 1:15pm
JSL is a " Qualified Person" that can write up the NI-143-01
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