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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

Critical Elements Lithium Corp > Frontier Lithium Continues to Roll Over
View:
Post by lithomon on Aug 24, 2023 8:50pm

Frontier Lithium Continues to Roll Over

Daily Low = $1.25. 
Hopefully not many caught in that debacle of "Inexperienced operators". 
Hopefully just mostly management holdings taking the hit on the chin.
Always interesting to know what degree of insider selling took place from the near high share price of $4 towards the current "rollover" price.

On the contrary, Lithium Ionic (LTH) held solid in recent months largely on account of solid management.
As Cole McGill (Stifel) emphasized, LTH = strong management.

Perhaps FL is now realizing the "Critical" importance (no pun intended, e.g., "Critical") of the right type of "seasoned operators" driving a project through to Infrastructure development, Construction and Production operations.
Any degree of failure along this process path can have significant consequences (e.g., share price rolling over), placing the Company in the vulnerable position of being a "Prime" Takeover Target, as emphasized by Cole McGill, VP Mining, Stifel Financial (Bloomberg Interview 3 days ago - 3 Lithium buyout targets).
Comment by Rinny1 on Aug 24, 2023 9:11pm
No insider selling same for CRE No Insider selling!!  FL  Date  Transaction Date  Insider Name  Ownership Type  Securities  Nature of transaction  Volume or Value  Price  Aug 10/23  Aug 10/23  Goodall, Graeme Robertson  ...more  
Comment by lithomon on Aug 25, 2023 5:08am
Tks Rinny. Looks like FL management is taking a good hit along with the common shareholders. Bottomless pit decline. One of the insiders Da Re was rostered a couple months ago for Corporate Development. Don't see any corporate development going on at FL, although, it's been "Da Reining" on the FL share price ever since hired....Another mouth to feed and for what purpose, go ...more