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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 110158 on May 25, 2023 12:47pm

Reflection

The easiest thing to do on the market is to buy. The hardest thing to do is sell. I used to be a firm believer, that's not the case anymore. The board no longer gives me arguments to remain so. I remain hopeful that an outlet will arrive, but I am less and less convinced of it. I envy those who managed to sell at $3.03 all-time high. Everyone assumes their fate. 

What is true is that the board has almost never sold a share. But thinking about it, they all have a more than resonable salary. So the outcome of the project has no urgency, because if everything happens as planned they will have been paid and then collect the jackpot.

JMO
Comment by HopeIBoughtLow on May 25, 2023 1:51pm
A valid opinion.  I too am frustrated.   The board and executive and all other insiders are not buying because they cannot.  They are not selling because they cannot.  They have been in a blackout period for a very long time and if they tried to thread the needle in a non-blackout period it would be very difficult and senseless. Does it seem unfair that they collect ...more  
Comment by Jaded84 on May 25, 2023 2:04pm
I'd be shocked if a single investor who's been here longer than 5 years would be left holding if this stock ever hit $2.75, let alone $3. After 13 years of not learning from my mistakes and foolishly placing trust in this company, I'll be gone at anything over $2.50 and never look back. 
Comment by HopeIBoughtLow on May 25, 2023 3:07pm
Respectfully.  You would be wrong. I know many who have paid with too much blood and opportunity cost along the way to get out when they see the tides turn. Parabolic is what happens on this side of the Lassonde curve.   These aren't tulip bulb speculators in the dark ages. This is Lithium in the EV Age. We have it.  The world needs it.  It is paperwork and business ...more  
Comment by Jaded84 on May 25, 2023 3:30pm
I appreciate that opinion and I hope you're correct, sir.
Comment by Dareg on May 25, 2023 3:37pm
Thanks, I needed to hear that . That quote is gonna be my next tattoo.
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