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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
Post by European1on May 04, 2011 10:27am
543 Views
Post# 18528211

Patience

PatienceEveryone,

There's always a lot of back and forth chatter on this board, which is good, and there are definetly some wide discrepencies in opions.

Personally (to be taken however you want), I find it hard to believe that the Eldor deposit only has one whole with higher grades of concentrates.

Barrack just paid a huge price for Equinox because metal is, and will continue to, becoming more and more scarce.

China generates huge percentage (like 80 or something in that range) of its electricity from coal.  If they want to take over the world one day they'll need to find better ways to make power.  They've stated in this year's 5-year plan that rare earths will receive specific attention.

Tantalum aside, should Commerce hit any more heavies at similar grades, which could be 600m or longer, people will take notice.

There is an overhang right now with the options and also the options to be issued.  Once these are dealt with there's a lot of ground to catch up on when compared to similar companies.

I don't think Eldor is another Strange Lake, but it is on the way.
Bullboard Posts