Commerce Resources Corp V.CCE

Alternate Symbol(s): CMRZF

Metals & Mining Industrial Metals & Minerals

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

Commerce Resources Corp

Bullboard Posts

Post by European1on Jan 30, 2011 11:28pm

452 Views

Post# 18048373

Frankfurt - Closed at C$1.05

For those of you who haven't had a chance to look or maybe forget CCE traded on the Frankfurt exchange, CCE closed up 18.32% at 0.775 euro cents or C$1.05+ equivalent.

Somebody on the other side of the world recognised the significance of these results and once the selling ends from brokers who have built larger positions we should be back on a tear.

Additionaly, Dacha is raising $100 million to buy rare earth metals and stock pile them, which will take more supply out of the market. China will be cracking down on the illegal mining after New Years as well.

GLTA

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