Bullboard - Stock Discussion Forum Critical Elements Lithium Corp V.CRE

Alternate Symbol(s): CRECF

Metals & Mining Industrial Metals & Minerals

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

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TSXV:CRE - Post Discussion

Critical Elements Lithium Corp > Those Drill Results Are Good….

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Post by blaggers on May 16, 2023 11:07am

Those Drill Results Are Good….

.....contrary to what the markets would have you believe.
Just compared them with prior (best) results in Criticals Feasibilty Study page 63.
The three best I could see there were;
1.47 over 13.06m
1.29 over 14m
1.77 over 12m

This mornings highlighted results are comparable with the best already at the Rose.
They also were infill drilling to the area just east of the main Rose block.
Theres a map that Eric posted on Twitter that is on the web page.
I'm thinking we'll have a positive close today.
JMO.
Cheers,
Blaggers.

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Comment by Boursicotte on May 16, 2023 11:23am

Positive close today ?????????

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Comment by Labelo on May 16, 2023 4:47pm

As per usual your comment did not participate to further the conversation or was backed up by any logic. The positive close is a little sweeter after your comment.

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Comment by blaggers on May 16, 2023 6:06pm

Ignore. Hmmmmmmmmmmmm . Cheers, Blaggers.

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Comment by Speedypete on May 16, 2023 6:46pm

Good call Blaggers

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Comment by monkeyhere171 on May 16, 2023 11:23am

Doubt it...The massive drop could be a short sell order since the NR basically says no deal anytime soon. Unfortunately, since it's 16th we will know after 2 weeks not in a few days.

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Comment by icefish on May 16, 2023 11:46am

I don't see the drill results bad being very impressive. it appears the market is also unimpressed. I see short interesections with ok grades

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Comment by blaggers on May 16, 2023 11:59am

Like I said icefish. They are comparable with the best drill results for the Rose featured in the Feasibility Study. Those drill results incidentally give the company a NPV after tax of $2.57 billion CAD. I'm more inclined to believe the company to be honest. JMO. Cheers. Blaggers.

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Comment by tinker901 on May 16, 2023 11:51am

The NR is positive with an exception being that the timeline to conclude a financing deals eems to be up in the air. So a large investor called up his broker and asked to sell his position (anonymous) I think he will be sorry he did. But we do not know the situation of that person and why he could not wait anymore.

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