RE: ProactiveInvestors.com Headlines CCEHard not be be attracted to this play, the length of the core (especially since it is literally at the surface), continuity, and grades are certainly something that will attract investor attention, especially those internationally as emerging countries are looking for resources like this.
But more importantly is the follow quote from their press release, "A total of six holes (1366.38 m) have now been completed at the Ashram rare earth zone with assays for the remaining four holes pending. All six holes collared in mineralization, intersecting the same three lithologies encountered in the first two holes (A zone, B zone and BD zone)."
What I believe is really important is the all six holes were collared in mineralization and intersected the same three lithologies as encountered in the first two holes. This truely indicates that a very high probability exists that 1) the results will be good, 2) continuity appears to be very wide spread, and 3) the overall size and grade (if the next four holes are as good as the first two) would point to a world-class find in the making.
But this all gets better as Commerce is getting ready to release their PEA (Preliminary Economic Assessment) of their very large Blue River deposit. If this is positive, I suspect there will be many large international players and Investment Funds willing to put this into production. The Blue River deposit has been in the making since 2005 with over 30,000 metres of drilling (and they are drilling another 10,000 metres right now). There is a full resource calculated. The last and most important step which has taken 6 years to get to this point is the PEA.
Timing is everything, 6 years later Blue River is ready to roll. And now they have the ELDOR property which is nothing but icing on the cake. You could have owned this for 6 years, or you could buy it now just when it appears to be a mature play. By the way, they have about 18 Million in CASH.