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Commander Resources Ltd V.CMD

Alternate Symbol(s):  CMDRF

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

Bullboard Posts
Post by 24~Karaton Apr 21, 2007 5:46pm
395 Views
Post# 12652580

Risk / Reward

Risk / RewardFor some perspective, here is a theoretical model of the type of the uranium deposit that is the object of CMD’s exploration. At some point beneath the surface, the exceptionally high mineralization found in the boulders most certainly does exist. Finding it can sometimes be frustrating, but if I thought the company was on the wrong path, I would have been gone a long time ago. Successful drilling results would have an unusually favorable impact on share price, because so much of the infrastructure is readily available, and also because CMD is drilling in ground it controls 100%. So it all gets down to the risk / reward ratio. When spectacular rewards are within the realm of possibility, there is going to be some risk, as well.
Bullboard Posts