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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 settoretire on May 02, 2023 11:03am

Question

What is Critical waiting for? If, as someone pointed out, they are waiting for an update from recent drilling, and the results are not spectacular, we're doomed. The SP will fall dramatically imo. Is there method to their "madness".
Does management have a plan? Let's hope so. Strange that they are so quiet. JMO
Comment by monkeyhere171 on May 02, 2023 11:23am
I'm throwing some speculations here which I don't believe (read it somewhere, can’t recall where) as the stock price is not moving on volume, but here it goes:   VW Q1'23 will be released on May 4th, so if CRE has signed any deal with them it could be realised at the same time as VW’s Q1... So few more days to find out ... but as I'm a strong believer that there are ...more  
Comment by Speedypete on May 02, 2023 11:29am
I guess we had the same thought.   Wishful thinking indeed but what else do we have
Comment by monkeyhere171 on May 02, 2023 12:40pm
I stand by my assessment from November 2022 that they are waiting of resources update!! Never before the permit was mentioned the life of the mine being an issue, period! Management was signaling imminent deal and after saying some parties had concerns with life of the mine, they quietly moved the timeframes without any explanation. So it's same resources, same project no other changes besides ...more  
Comment by Wheeler on May 02, 2023 3:52pm
If management is waiting on an updated resource estimate to make a deal, why did they choose to drill Lemar first instead of drilling to expand Rose?
Comment by monkeyhere171 on May 02, 2023 5:49pm
Because maybe the discussions are not only for Rose?? Eric keep saying bouquet of roses, so I assume they mean multiple sites and maybe the partner(s) will be buying in the company not the rose project only. Unfortunately, due to lack of any clarification or information we are only guessing 
Comment by dalesio_98 on May 02, 2023 9:22pm
Lose lips sink ships ... no news and/or delays leads to hyper speculation.
Comment by RetailTherapy on May 02, 2023 12:01pm
May the 4th be with us...
Comment by Speedypete on May 02, 2023 11:26am
If we are in fact waiting for a partnership announcement isnt it up to whomever is signing the cheque to make the announcement?  So for example if VW was partnering with us VW would make the announcement say after thier board meeting which is may 4 ?
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