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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 m73hx454 on Dec 13, 2023 10:46am

OMG!

https://www.fastmarkets.com/insights/spodumene-prices-continue-to-fall-amid-weaker-demand-for-lithium/

Fastmarket is predicting a MASSIVE oversupply for next year based on this article.

In numbers: the oversupply will be 0,3% of total demand/supply. 

Now that's really MASSIVE oversuppy, isn't it?

I would call that a balanced market! 
Comment by m73hx454 on Dec 13, 2023 10:47am
For those that didn't get it: Fastmarkets is basically saying that oversupply might be completely marginal
Comment by Longalways on Dec 13, 2023 11:35am
Agree And predicting the future is not even close to a science. Most Economists among the greatest including Federal reserve and Canadian central bank said that inflation was just a spyke , temporary etc... up to they had to react in emergency. So Goldman S... and Fast market ???? So not better that you and me Make you own bid.. IMHO
Comment by HopeIBoughtLow on Dec 13, 2023 2:08pm
So if that 0.3% (sliver) of Massive (? WTF) oversupply is to be believed.... How much of that amount is part of the apparent wave of false/low/inferior grade LI that is being attempted to transact but is ultimately inappropriate for the purpose or below the agreed upon specifications.   It is just not the right product.  Might LOOK like the right product... buit chemically not ...more  
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