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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 > Yesterday's big losers
View:
Post by tinker901 on Oct 20, 2023 7:53am

Yesterday's big losers

LAC and Tesla have lost respectively 12 and 9 percent.

CRE's 6% was also a big setback.

There arte still 7 business days left in October........... 

Can we hope for a deal by then ?

News about grab samples are sort of good, but not the same as a certified increase of Rose's tonnage.

Again PR is being prudent ( too much ?) in the latest NR would it have been wrong to add that the recent discovery would increase the mine life of Rose and could easily be trucked to our crusher ?

If that is the plan or objective, why not put it in words.
Comment by Wheeler on Oct 20, 2023 8:10am
In the quote from JSL it mentions that it is within trucking distance, what I think is important to spell out is that these discoveries are covered under the rose permit and therefore they don't have to repeat the entire permitting process, at least that is my assumption. It would require an amendment to the existing permit but that would not take nearly as long.
Comment by tinker901 on Oct 20, 2023 8:21am
Right Wheeler, It would not take as long and we have 17 years to get it done. But you are quoting JSL as saying that it could be trucked, but those words are absent in the NR.....of course
Comment by Wheeler on Oct 20, 2023 8:26am
Agreed, as always their press releases can be much longer and more detailed.
Comment by monkeyhere171 on Oct 20, 2023 9:21am
So after I was pointing out that the delay in financing deal is probably due to mine life (was mentioned onece by Eric right after permit) and they need to increase the lifespan of the mine before signing everyone brushed off the possibility. No a year later the facts are starting to settle in  But of course it's broken clock and it's right twice a day right? Told my reasons why I ...more  
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