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Commerce Resources Corp V.CCE

Alternate Symbol(s):  CMRZF

Commerce Resources Corp. is a Canada-based junior mineral resource company focused on the development of the Ashram Rare Earth and Fluorspar Deposit located in Quebec, Canada. The Company is primarily focused on suppling of mixed rare earth carbonate and/or neodymium and praseodymium (NdPr) oxide to the global market. Its primary asset is the Eldor Property in Quebec. The Eldor Property is situated in northern Quebec approximately 130 km south of the town of Kuujjuaq. The Property is 100%-owned by the Company and is composed of 244 claims comprising approximately 11,475 hectares, including the Ashram Rare Earth Deposit. Capacitor Metals Corp. is the wholly owned subsidiary of the Company.


TSXV:CCE - Post by User

Bullboard Posts
Comment by TheFeveron Feb 16, 2010 11:22pm
315 Views
Post# 16790381

RE: RE: Trading looking stronger

RE: RE: Trading looking stronger"Yes it looks as if things have settled out here. Good new base for a recovery."

I will agree with that statement. However, we'd have to trade 500,000 a day for 220 straight days just to turn the float over. Taking into account weekends, that's 44 weeks of half million a day volume. My concern is that this dilution is going to kill us before long. too many traders and not enough long holds. Too much momentum needed to move it, too many wild swings as a result.
Bullboard Posts