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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 > How high can she go ?
View:
Post by tinker901 on Nov 02, 2022 7:17am

How high can she go ?

Anyone want to guess what our SP will be at the end of this day ?

Assuming we got the permit of course.

My guess is 2.85$  Why ?

Looking at our peers and less advanced lithium juniors in Quebec and Ontario, I was tempted to say a number around the 4 dollar mark. And that would still be conservative.

But that is a lot for a single day. Then I suspect that many longs have been waiting to unload part or all of their position after the toonie. 

Conservative new blood will buy in and from there once that starts to happen I can see an escalation towards 5 bucks when we really start adding money towards the build and a a deal is struck with a partner. (This should happen in the next 1 to 3 months)
Comment by Speedypete on Nov 02, 2022 7:26am
I dont know tinker but I am ready to find out!   I think we got the permit.  Go CRE !
Comment by blaggers on Nov 02, 2022 8:45am
This post has been removed in accordance with Community Policy
Comment by Dareg on Nov 02, 2022 8:47am
Let's hope the FED doesn't  torpedo the entire market . BTW, did anyone sleep last night? 
Comment by tinker901 on Nov 02, 2022 8:50am
My toonie celebration bottle helped a bit for sleeping but was up at 5h00 thinking about SP and selling some. 
Comment by blaggers on Nov 02, 2022 9:22am
This post has been removed in accordance with Community Policy
Comment by monkeyhere171 on Nov 02, 2022 10:00am
Great news and congratulations to all longs as it wasn't a smooth ride! Now it's up to the management to prove that they are aligned with the shareholders!! Based on the federal permit price action I think SP will settle around +25% mark. Planning to offload 1/3 at $2.50 (if it goes there) as I'm over leveraged with the stock and was hard to keep calm sometimes. The rest will leave for ...more