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.

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Commerce Resources Corp

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Comment by European1on Feb 02, 2011 11:33pm

591 Views

Post# 18066469

RE: RE: RE: RE: Commerce Resources on Investmentpi

This was definetly worth the halt. This is the announcement we've all been waiting for and the PEA will only be confirmation. I've built a DCF valuation with these numbers, and the results are great! And no competition, beautiful.

No need for a financing until PEA, Eldor resource, more Eldor results and drilling takes place, new BR resource and 2011 work program is well progressed.

Look for a finanching Sept. 2011 with the possibilty of no financing should CCE break through $1.50/share when warrants get activated.

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