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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 BigTipperon Feb 02, 2011 11:04pm
413 Views
Post# 18066358

RE: Commerce Resources on Investmentpitch.com

RE: Commerce Resources on Investmentpitch.comThis news release increased my confidence in what is happening with the company. From the jibber-jabber on this forum by a few, it get's a little easy to lose sight of what the company is building.

The tantalum and niobium project now is host to a large amount of material and under development along with AMEC. From the news release, it is obvious the preliminary economic assessment is well underway. The degree of eceonomics discussed in it tell us that.

Then with the Eldor project, the company has a possible rare earth "goldmine". We've seen the results of 2 drill programs and are already at a stage to conduct a resource calculation. The last news release on Eldor also mentioned that they will beging another drill program shortly.

Bullboard Posts