Critical Elements Lithium Corp V.CRE

Here are some thoughts.

[Margin321]

1. Market cap of CRE is 90 million, very depressed when considering the resource they have proved up, partly due to extreme negative sentiment swirling around lithium.

2. Market cap of Power Nickel is 100 million, also very depressed. But Power Nickel has nothing to do with lithium and only partly to do with nickel, since they have also discovered an amazing polymetallic zone where copper and palladium and platinum and even gold and silver add greatly to value. They are now exploring aggressively with cash already in hand. In my opinion Power Nickel is poised to grow by several multiples in next year.

3. AND.... CRE owns 20% of Power Nickel. If market cap of Power Nickel increases to 400 million (not a stretch in my opinion) then their PN stake becomes worth the current market cap of CRE. That is good for several reasons. CRE becomes essentially free for one thing. But maybe more importantly that 20% of PN becomes an asset that if sold can provide capital at a time when small resource companies (especially in lithium space) are capital starved.

4. Lithium still important. It is just more plentiful than once thought. But high grade projects in North America will be important and will be developed and will be profitable. For strategic reasons as well as pure economic ones.

[Wheeler]

CRE doesn't own 20% of PNPN, it owns 20% of Nisk and 12 m shares of PNPN, but your point is well taken.

[Margin321]

Well taken. But Nisk includes Nisk main (the nickel project) AND the potentially lucrative Lion polymetallic deposit on the same property.  In fact after the spin off of the Chile and Golden Triangle (Northern BC) assets that are much earlier in development,  PNPN will essentially only have NISK.