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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 martinishakeron Jul 18, 2007 5:58pm
331 Views
Post# 13112144

2 questions

2 questions1: It would lead me to speculate since cce doubled the amount of money it intended to raise wouldnt one say that the PP price of 1.20 was too cheap, and dave could have easily got more $ per share. 2: It was announced that 15 mill was too be raised and then 31 mill was actually raised. That is a big difference. I would think that cce's intentions are a bit misleading from their PP NR a few weeks ago.
Bullboard Posts