Commander Resources Ltd V.CMD

Alternate Symbol(s): CMDRF

Metals & Mining Industrial Metals & Minerals

Commander Resources Ltd. is a Canadian-focused exploration company. It is in the business of acquisition and exploration of resource properties in Canada and Mexico. Its properties include First Loon, Sabin, October Dome, Henry Lee, Burn, Pedro, and South Voisey’s Bay, and others. The 8,892-hectare (ha) First Loon property in the Pickle Lake Gold Belt is located south and east of the main concentration of past producing mines that include the Pickle Crow, Central Patricia and Dona Lake mines. Its ownership interest on the Sabin base-precious metal property varies from 58.5% to 100%. The October Dome gold-copper property is located in central British Colombia (BC), near the town of Likely. The Company has a 100% interest in the Henry Lee copper project. Henry Lee property is located 140 kilometers (km) north of Smithers in north central British Columbia. Burn property is located about 65 km north of Smithers, BC. Its Pedro claims are located about 100 km from the city of Torreon.

TSXV:CMD - Post by User

Commander Resources Ltd

Bullboard Posts

Post by 24~Karaton Apr 03, 2006 6:08pm

352 Views

Post# 10613090

Poised for a Breakout

CMD is one of the few undervalued stocks trading on the Venture Exchange. Its two uranium properties, located in the Yukon and in Newfoundland, have as much upside to offer as do some stand-alone uranium juniors with market caps in the $12 to $15 million range. Yet these two properties represent only a small portion of the company’s modest $14.7 million market cap. The chart shows that it is poised to break through resistance at $0.40. Once accomplished, that area becomes its new support. The overlay on the graph is the TSX Venture Composite---CMD has plenty of room to move on the upside before becoming overbought.