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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 > Heart skip a beat...anyone...?
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Post by HopeIBoughtLow on Feb 20, 2024 9:53am

Heart skip a beat...anyone...?

It was exciting to see that there was a news release first thing Tuesday after a long weekend. Of course we all have the same thing on our mind.  We all wanted it to say something else.  But one day it will...one day...

This release while discussing administrative details is still telling of a couple of things to me.
 
There is an incredible amount of check boxes that need to be checked before any new explorer can hope to become a miner in Quebec.   It makes me laugh heartily when I now hear about the short timelines that some are putting on their path to production.  It is slow, long, laborious and fine detailed.  This is true anywhere really... but Quebec is where my concern is now.  I was naive in the past.  No more.  Everything takes longer than anyone thinks.

Having more of the paperwork in place again is further de-risking and solidifying the relationship with the government, the other stakeholders in the region, and potential partners that have been involved in the discussions to-date and have been doing their calculations and waiting out a crappy market environment too.

I very much like the tone of the PR.  
Administrative requirements but with the effect of propelling the conversations and other activities forward on the way to the FID.

All the pieces need to come together and they need to happen in order.

We all expect to see some recovery in Li sentiment and share prices.  Maybe already started.

The timing to completion is longer than we wanted but the path remains the same.  The timing was largely out of CRE hands.  I don't blame that on them at all.    I did but I don't anymore.  The entire market globally took a severe kick to the knees in the last year.  We all know it.  Blaming CRE is easy but in my opinion it is wrong.

Tides are turning.  We are closer now than before on several fronts.
Patience will be rewarded. In my opinion.

HIBL


 
Comment by Newrequiem on Feb 20, 2024 9:59am
yes, good news today.. i think shares price will go up  these days
Comment by 110158 on Feb 20, 2024 11:46am
Sorry but  The problem is simple, CRE causes so much waiting, and gives so little news that when it comes out it is never what it is expected. So each news has no positive effect on the stock. When our weakness is communication, and suddenly we release a news story the result is exactly what we see......NOTHING. NOTHING will have an effect except financing, partnership, and sale of ...more  
Comment by HopeIBoughtLow on Feb 20, 2024 12:10pm
Communication may not be what we want.  Sure.  I would like to see more... But making any claim that where we are now in share price is due only to communication and delays would be willfully ignoring the fact that every Li symbol has been crushed by 50-85% oer the last 12 months. They could have been singing and dancing the damn Financing package with a full Broadway show going on ...more  
Comment by 110158 on Feb 20, 2024 12:32pm
They can only communicate what is real and what is known.  Impatience is understandable but you need to be fair too.   Need to be fair ???? I think I was......nearly 15 years in this since 2009. Was a very big believer. I described myself as a blind pink believer for 12 years.....for the last three years I became more the realistic type.