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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 fastone55on Oct 02, 2009 3:30am
339 Views
Post# 16356277

RE: RE: Axel Hoppe just sold 136K worth of shares!

RE: RE: Axel Hoppe just sold 136K worth of shares!Big Deal..........

What you do not see on Canadian insider, is the fact that management, probably just purchased  a large portion of the recently announced and closed private placement at the price of .40 cents.  Since the closing of the placement, the stock has almost  doubled, so who in their right minds wouldn't sell part  of their existing long position, not only to pay for the P.P. but to take some well earned profits off the table? Especially in only two weeks!!  That is how to take profits!!  Not only that, but they only sold   them for .65 and not .75 that they could or might have!! 
Telemarker and Saggy, can continue their negativity, but who cares?  They claim to be so clever, but they are only fooling themselves.  Telemarker  must have owned shares at some point as he atttended the site visit  at Blue River in 2007! 
Bullboard Posts