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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 tinker901 on Sep 12, 2022 8:11am

AGM

I cannot make it there this year because of work. If there is a volunteer, I would have a couple questions ?



1) Do they plan to build in winter conditions if the permit and financing come in late this year? Or the build is more likely to start in the spring of 2023 ?

2) Assuming the drilling campaign is completed between September 15th and October 31st, when could we expect a revised an official ressource update ?

3) What kind of dillution are they hoping for when all the necessary capital for the build is obtained ?
Comment by rockhound01 on Sep 12, 2022 8:26am
Great questions Tinker. 
Comment by Rinny1 on Sep 12, 2022 11:05am
Construction  In that environment - construction during winter is WHEN you go in.. You need the muskeg to freeze. Hoping no more dilution !! I can see more loans from the government etc.  
Comment by tinker901 on Sep 12, 2022 11:22am
Hey Rinny, Have you ever worked in that environment ? There are some advantages for drilling in winter because you do not have to protect every little creek and pond to get to the drill site. But the Rose mine site will be stripped anyway, so I do not see a problem with "muskeg" summer or winter. I heard in one of the AGM meetings that winter was not a problem but also heard (unnamed ...more  
Comment by Rinny1 on Sep 12, 2022 11:32am
Even better if there no muskeg !! It's easier to move big equipment etc. in the winter.  No I have not, have friend worked in this type of environment.  Your right about stripping the mine site too.. still good questions 
Comment by Openroads on Sep 12, 2022 12:12pm
The Rose site is surrounded by excellent infrastructure and a mine builders dream. All weather road, high tension power lines, access to water, airport, etc etc. Take a look at Frontier, no power, no road, no airport, etc etc. Anybody that knows mining will tell you that Rose checks all of the boxes.
Comment by tiger2201 on Sep 12, 2022 2:03pm
These are all excellent questions!  Regarding the winter construction, depending when we get the permit. If we get the permit within weeks, I would like to get some floundation work done before the winter.  If we get our permit in October or November, I would like to leave construction to next Spring. Construction in winter can be done, but the cost would be much higher.  I did a ...more  
Comment by dalesio_98 on Sep 12, 2022 2:36pm
The SP push before the Annual and Special Meeting.
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