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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 owedmoney on Jun 12, 2023 4:00pm

Lithium

market is a no go in Canada for a very long time yet. The Chinese will continue to own it 95% of it so far and where will Canada get workers to work for wages they'll have to pay to make mining profitable. Ford Lightning 117 grand at 8% financing is not going to fly that I can assure you, not one EV manufacturer is making profit  at this point. It will come but 15 -20 years out. I've pulled out and smart investors will do the same. Inflation has doomed it for now. Gold and oil are my main bets these days.
Comment by Torinoy on Jun 12, 2023 4:18pm
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