Critical Elements Lithium Corp V.CRE

Drilling/Exploration News CRE vs Peers

[monkeyhere171]

So Summer drilling program's results were published end of October 2022 showing modest discoveries of around 1% for Rose and some other prospective sites but nothing significant. Since then there were no updates provided along the lines of “we are having exploration and drilling ongoing to increase the life of the mine, bla bla… that will help strengthen the ongoing discussions with potential partners”, more bla bla….

Keep us informed and feed the hype. Instead, we had two pieces of news about appointments (great but add some more to dem about planning to expand the portfolio, etc) and the share compensation program that will grant up to 40M shares.

Do not wonder why the stock price is stagnant, there is no news and I bet my 100K shares, we won't get anything until drills are completed and preliminary results are provided to the potential partners. I'm clarifying that this is my assumption based on the information available and how I read it. Next two months the stock will probably stay within the $2.15-$2.50 range waiting for direction. 

While others are putting out news and creating hype which attracts more interest and more benefits to own shares:

RCK - Early permission news (like really?)

PMET - drill results with up to 5% Li2O (great deposit no question, but no FS to cost to get it)

FL - two drilling updates within 30 days for 1.5% or more Li2O ( no FS or cost to get it)

 

It is really difficult to hold onto this stock so close to the end of the tunnel. Hopefully, we are going to hear anything this month like we tendered long lead items or secured equipment, just to keep us in the news flow.

 

[Jordsword]

My understanding of their strategy which has been for quiet a few years was do make a deal on production from Rose exclusively and then expand the resource plus possible phase 2 hydroxide processing. Subsequent partnerships or an expansion of existing partnerships could flourish from the new discoveries. I think drilling has been mentioned recently because it is a logical next step to get started

[tinker901]

Exact Jordsword

[monkeyhere171]

Jordsword, let us look back at CRE narrative then. And again what we write or say here has no impact on the company's performance or stock price,  more like justification for why we are here.. Before Nov 2021 PP, CRE investors' presentation was showing Phase 2 as part of the overall project. It was neither clearly stated that it will be done along with mine nor that will be done

[RetailTherapy]

Very well put together, Thank you. So, does this not beg the question why do we have a "world class" management team? Never mind JSL he is a lousy business person, having made so many mistakes through the years he shouldnt be CEO. The "team" is there to guide the course of this mine and have the ducks lined up. Where in the hell is Faber? What is he doing? Why hasn't the

[Jordsword]

These are great observations and insights Monkeyhere but I haven't heard anything definitive that a deal would be dependent on expansion of resource. Only that there are interested parties. I think we are all interested in the expansion, but I am buying shares without it. Anyways, the one thing that for certain has been said over and over now by management is that their goal is to have a deal

[tinker901]

All your assumptions could be right monkeyhere. But then again, they are assumptions. If we stick to the facts, it is proven that there is just as much money to be made with spodumene only and building a converter is a different ball game that may happen if we prove like you say that we have reserves for at least another ten years. These are all known issues, and management have been very

[monkeyhere171]

I think that the point I was trying to make was missed! I don't expect the financing to be done Q1! And these were my assumptions why, nothing else. Even Haber said in the interview that the financing will, I'm quoting, will follow almost 'instantly' once the permit is awarded....Well we are 3 months out since that and no explanation regarding why the delay! But this delay is

[tinker901]

Signing a binding agreement for a 2,3 or 4 hundred million dollar deal cannot be rushed. There are meetings, negociations, layers, board meetings, ect... Even if towards the end of 2022 the list was down to just 2 players, it can take a couple months for a final product.

[tinker901]

I meant lawyers and not layers of course -;