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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Critical Elements Lithium Corp > How much money in the bank?

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Post by JRVansant on Nov 30, 2023 10:56am

How much money in the bank?

How much money do these guys have in savings? I think the last fundraising round was 12 mil? How likely are we going to see another fundraising round before we see a financing package?

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Comment by Tyeehunter on Nov 30, 2023 11:08am

The failure to book the financing deal in November 2022 is coming back bigger than ever to bite them. Holding and waiting for them to function properly has been a total disaster. Imagine how many offers he has passed on in the past 12 months waiting for somehting even better? I'm glad I sold 90% of my position last year for a gain, this looks like it will be under $1 once tax loss selling ...more

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